๐จ India to offer 5 billon dollars incentives to boost electronics manufacturing. China angry ๐ฎ๐ณ India's electronic production has more than doubled in the last six years to $115 billion in 2024 with the growth rate of 15% ๐ฏ India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China. ๐ฅ India needs 12 Million skilled workforce for fulfilling demands of consumers by 2030 โจ At semicon meet, PM Modi sets target of $500 billion for electronics production in next 6 years and approximately 25% already achieved ๐ฎ๐ณ Government already launched schemes for boosting electronic manufacturing
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