💨 Abstract

India is rapidly enhancing its global manufacturing status, with electronics value addition increasing from 30% to 70%, and projected to reach 90% by FY27. The country aims to boost value addition from the current 15-16% to 40-50% with a new components policy. Mobile phone exports have grown 77 times in the last decade.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖