Aiming for the stars… but can’t even make a chip!
5 years, 9 months ago

Aiming for the stars… but can’t even make a chip!

Deccan Chronicle  

India is reaching for the moon. This will mark a spectacular milestone in India’s space journey and showcase its amazing competencies in space technology acquired through decades of pioneering work. The success of India’s space technologists while lighting up the Indian firmament does at the same time cast into shadow another aspect of our national condition — the sheer inability to make the slightest breakthrough in a slew of other critical technologies so crucial for our economic progress. The Indian Space Research Organisation’s outstanding successes highlight the fact that while we can reach the moon, we cannot yet make computer chips, aircraft engines, rifles for our military or even key LED components for the millions of television sets sold in the country. According to the Stockholm International Peace Research Institute, India was the world’s second largest arms importer in the 2014-18 period, accounting for almost a tenth of all arms sold internationally.

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History of this topic

Less than 1% of Indian developers' topline is invested in technology, says Nirupa Shankar of Brigade Group
4 days, 20 hours ago

Less than 1% of Indian developers' topline is invested in technology, says Nirupa Shankar of Brigade Group

Hindustan Times  

Less than 1% of developers' revenue in India is invested in technology, says Nirupa Shankar, Joint Managing Director of Brigade Enterprises. Developers here still rely on manual processes, whereas global players have embraced AI, automation, and smart infrastructure to enhance efficiency and transparency,” Shankar told HT.com at the launch of the Earth Fund in Bengaluru. Brigade Group and Gruhas, the …

Manish Tewari | Tech delayed is tech denied
2 weeks, 1 day ago

Manish Tewari | Tech delayed is tech denied

Deccan Chronicle  

India must invest in R&D India’s research and development sector continues to grapple with deep-rooted challenges, reflecting broader weaknesses in the country’s innovation ecosystem. Ranked 39th in the Global Innovation Index 2024, India’s R&D spending has declined from 0.83 per cent of GDP in 2009-10 to a mere 0.64 per cent today. Without bold reforms and stronger private sector participation, …

India’s R&D spending has doubled since 2014, says Union minister
2 weeks, 4 days ago

India’s R&D spending has doubled since 2014, says Union minister

Firstpost  

Speaking at the DISHA event in New Delhi, Union Minister Jitendra Singh said that India has more than doubled its spending on research and development in the last decade, rising from ₹60,196 crore in 2013-14 to ₹1.27 lakh crore. India has more than doubled its spending on research and development in the last decade, rising from ₹60,196 crore in 2013-14 …

Science Minister claims India to surpass U.S. in scientific publications by 2029
3 weeks, 2 days ago

Science Minister claims India to surpass U.S. in scientific publications by 2029

The Hindu  

India will overtake the United States in the number of scientific publications by 2029, Union Minister for Science and Technology Jitendra Singh said at a public function on Friday to commemorate National Science Day. He did not cite a specific source but a 2023 ranking by the U.S.-based National Science Foundation of countries’ scientific output says that China, with 898,949 …

Mint Primer | The $300 billion question for India’s IT sector
3 weeks, 4 days ago

Mint Primer | The $300 billion question for India’s IT sector

Live Mint  

Industry body Nasscom sees the Indian IT sector surpassing the $300 billion revenue milestone in FY26. The Indian technology industry is expected to grow at 5.1% and add $13.8 billion incremental revenue, taking the total to more than $282.6 billion in FY25, according to Nasscom estimates. While BFSI continues to be the top spender, demand for healthcare & life sciences …

Indian tech industry revenue projected to grow 5.1% even as job loss concerns persist
3 weeks, 6 days ago

Indian tech industry revenue projected to grow 5.1% even as job loss concerns persist

The Hindu  

Amid concerns over jobs shrinking due to the impact of Artificial Intelligence, the National Association of Software Services Companies has projected the Indian technology industry’s revenue growth at 5.1% to $282.6 billion in FY 2025-26. “While the CEO outlook for FY26 remains measured yet positive, with increased tech and AI spending, sustaining the growth momentum requires a strategic vision,” Rajesh …

Kerala must launch it’s own satellites; aerospace, aviation, defence can grow to $30 billion industry
1 month ago

Kerala must launch it’s own satellites; aerospace, aviation, defence can grow to $30 billion industry

The Hindu  

Kerala’s defence, aviation, and aerospace industry has the prospects of growing to a $30 billion industry by 2047, according to speakers at the Invest Kerala Global Summit here on Saturday. The growth of these industries to achieve the target is aided by the already increasing cooperation between the defence research institutions in the country and institutions like Keltron, HMT unit …

India needs a systemic transformation to secure its digital future
1 month ago

India needs a systemic transformation to secure its digital future

Live Mint  

Is this the most opportune time to be in tech or the most uncertain? To ensure India’s leadership in the global tech landscape, we must strengthen our expertise in high-tech skills such as AI, automation, data analytics and beyond. Strengthening India’s tech ecosystem for global leadership: In today’s world, global influence is no longer defined solely by economic power—it hinges …

NISAR space plan with US example of India’s cost-effectiveness: Ex-ISRO chief Somanath
1 month ago

NISAR space plan with US example of India’s cost-effectiveness: Ex-ISRO chief Somanath

Live Mint  

Ahmedabad, Feb 20 Former ISRO chairman S Somanath has highlighted the cost-effectiveness of India's space programmes and noted that for the same satellite and share of work, the country will incur five-time less expenditure compared to the US for an upcoming mission. Somanath on Wednesday stressed on greater private sector role to push India's contribution in the global space economy …

Global aerospace firms turn to India amid Western supply chain crisis
1 month ago

Global aerospace firms turn to India amid Western supply chain crisis

The Hindu  

Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India, driving growth in the country's emerging aerospace sector and pushing local firms to elevate their games, industry insiders say. "India is the best solution to supply chain challenges,” Huw Morgan, senior vice president for aerospace procurement at Rolls-Royce, said last week at an industry event. The …

India Semicon to grow to $103.4 billion in next 5 years, driven by auto, industrial electronics
1 month, 1 week ago

India Semicon to grow to $103.4 billion in next 5 years, driven by auto, industrial electronics

Firstpost  

The success of India’s semiconductor ambitions heavily relies on government policies designed to foster local manufacturing and R&D. Over the past year, more than $21 billion in investments have been committed by companies aiming to establish semiconductor production facilities in India The automotive sector, particularly with the rise of electric vehicles, is increasingly dependent on semiconductors for crucial components like …

Mint Explainer: What will happen if the US restricts chip supply to India?
1 month, 1 week ago

Mint Explainer: What will happen if the US restricts chip supply to India?

Live Mint  

NEW DELHI : A measure that prevented open market access to semiconductors created by American companies was one of the last few executive orders signed by outgoing US president Joe Biden about a month ago. The move triggered conversations about the global semiconductor market, US dominance, the lopsided chip industry, and what would happen if the US imposed even more …

India to launch Chandrayaan-4 in 2027 to bring back moon samples: Science and Technology Minister
1 month, 2 weeks ago

India to launch Chandrayaan-4 in 2027 to bring back moon samples: Science and Technology Minister

Live Mint  

India is set to launch the Chandrayaan-4 mission in 2027, marking a significant step in the nation’s space exploration efforts. The mission aims to collect samples from the Moon and return them to Earth, Science and Technology Minister Jitendra Singh has confirmed. “The Chandrayaan-4 mission aims to collect samples from the Moon’s surface and bring them back to Earth,” Singh …

Union Budget 2025 can help shape India's space future
1 month, 3 weeks ago

Union Budget 2025 can help shape India's space future

Firstpost  

Even as the industry acknowledges GST exemption on satellite launch services, extending this exemption to other critical components of satellites, ground systems and launch vehicles would benefit the entire value chain As India continues to make remarkable strides in space exploration and technology, the upcoming Union Budget 2025 holds significant promise for furthering these achievements. Even as the industry acknowledges …

India’s electronics sector largely focused on assembly; slump in design, component manufacturing: Economic Survey
1 month, 3 weeks ago

India’s electronics sector largely focused on assembly; slump in design, component manufacturing: Economic Survey

New Indian Express  

NEW DELHI: India's electronics sector has largely focused on assembly, with limited progress in design and component manufacturing, according to the Economic Survey for 2024-25. The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament on Friday, also noted that India holds 4 per cent of the global electronics market share. “The industry has largely focused on assembly, with limited …

Union Budget 2025 an opportunity to plug structural gaps in space sector
1 month, 3 weeks ago

Union Budget 2025 an opportunity to plug structural gaps in space sector

Firstpost  

India’s space sector is at a pivotal juncture with the potential to increase its global market share from the current 2-3 per cent to 10 per cent by 2033 As the Union Budget 2025 approaches, the space sector stands at the cusp of transformative growth, with its potential to drive innovation, bolster economic output, and assert India’s position as a …

Union Budget 2025: IT and Electronics industry calls for focus on Make in India, AI R&D, and digital infrastructure
Trending News
1 month, 3 weeks ago

Union Budget 2025: IT and Electronics industry calls for focus on Make in India, AI R&D, and digital infrastructure

Live Mint  

New Delhi, January 29 : Information Technology and Electronics industry players, just ahead of the Union Budget 2025-26, have demanded incentives for Make in India initiatives, investments in semiconductor manufacturing, funding for artificial intelligence research and developments, tax relief for tech startups, infrastructure development, skill development programs, and support for digital infrastructure, among others. Additionally, policies fostering innovation and skill …

Union Budget 2025: Why tax breaks are crucial for India's space aspirations
2 months, 1 week ago

Union Budget 2025: Why tax breaks are crucial for India's space aspirations

Firstpost  

Fiscal incentives and GST reforms in the upcoming budget may pave the way for India’s space industry to attain newer heights India’s space sector is undergoing a remarkable transformation, propelled by progressive government policies and the burgeoning involvement of private enterprises. As the country approaches Budget 2025-26, one critical area the Government should focus on is in establishing a robust …

The crisis of India’s youth can make country increasingly unstable
2 months, 1 week ago

The crisis of India’s youth can make country increasingly unstable

New Indian Express  

No nation in the world can outrun the quality of its human resources. As India’s leadership, as well as overwhelming, segments of its business and intellectual elites, buy into the propaganda about India as an emerging great power, it is useful to remind ourselves of Nobel laureate Amartya Sen’s admonition, “India is the only country in the world which is …

India is shining but needs to go beyond IT to become global power
2 months, 2 weeks ago

India is shining but needs to go beyond IT to become global power

Firstpost  

In order to compete and excel China as an economic and military power, India needs to add hard muscle power to its digital power. Recent statistics showing India’s services exports surpassing its merchandise exports are not just numbers but a testament to the country’s growing strategic importance in the global tech services value chain. The presence of these centres underscores …

India’s $500 billion electronics goal: A dream too far?
Trending News
2 months, 3 weeks ago

India’s $500 billion electronics goal: A dream too far?

Live Mint  

India's cooling consumer electronics market has put a question mark on its lofty aim to achieve annual revenue of $500 billion from electronics manufacturing. India's domestic electronics industry may clock a total revenue of just $145 billion this year, the consensus estimate of three market researchers showed. To reach the promised land of a $500-billion domestic electronics economy, India will …

Isro earned $427 mn from US, EU space missions in 10 years: MoS space
2 months, 3 weeks ago

Isro earned $427 mn from US, EU space missions in 10 years: MoS space

Live Mint  

New Delhi: The Indian Space Research Organisation has generated over $400 million in revenue from commercial satellite launches conducted over the past decade for the US and the European Union, Union minister of state for space Jitendra Singh said on Tuesday. This shows the kind of progress that India has made in the space economy, and its current stature as …

India emerges as a global leader across key sectors in 2024
2 months, 3 weeks ago

India emerges as a global leader across key sectors in 2024

Live Mint  

New Delhi, December 31 : The year 2024 marked a pivotal year for India, showcasing its dominance in pharmaceuticals, biotechnology, defence, nuclear energy, space, infrastructure, and emerging technologies like quantum computing, AI, and blockchain. India's pharmaceutical exports soared from over USD 15 billion to USD 28 billion in the decade ending FY24, powered by initiatives like the Production Linked Incentive …

India wants to build a satellite constellation and 30 companies are interested
2 months, 3 weeks ago

India wants to build a satellite constellation and 30 companies are interested

India Today  

Thirty Indian companies have stepped forward to participate in a groundbreaking initiative to establish Earth observation satellite constellations, responding to a call from the Indian National Space Promotion and Authorisation Centre. Since opening the space sector to private players earlier this year, India has established a Rs 10 billion venture fund aimed at supporting space startups. The government’s focus on …

These are India's fastest-growing space tech firms. Is it too late to get on board?
3 months, 1 week ago

These are India's fastest-growing space tech firms. Is it too late to get on board?

Live Mint  

Dr. Vikram Ambalal Sarabhai, father of India’s space programme, once said, “We do not have the fantasy of competing with the economically advanced nations in the exploration of the moon or the planets or manned space flight. India’s space tech industry is practically brand new – the sector was opened to private companies just two or three years ago. Avantel …

Deepening India’s steps as a key space-faring nation
3 months, 1 week ago

Deepening India’s steps as a key space-faring nation

The Hindu  

India has set ambitious goals for its space programme in the next two decades. These goals hinge on powerful, reusable rockets such as the Indian Space Research Organisation ’s upcoming Next Generation Launch Vehicle. In addition to the NGLV, India must tap into its private sector to develop more such rockets in order to secure strategic autonomy in its access …

Lessons for India from Intel’s downturn
3 months, 2 weeks ago

Lessons for India from Intel’s downturn

Hindustan Times  

Silicon Valley thrives on disruption. But even in this land of constant change, there’s a sense of melancholy in the air as Intel, the once-unquestioned king of chips, stumbles towards an uncertain future. “Intel’s biggest problem isn’t just competition,” a seasoned industry analyst confided, “it’s their legacy.” The company, with its massive workforce and sprawling infrastructure, is like a super …

Government to offer USD 500 crore incentive to further localise smartphone production
4 months ago

Government to offer USD 500 crore incentive to further localise smartphone production

India TV News  

India is planning to offer significant financial incentives, up to USD 500 crore, to encourage companies to produce parts locally for a variety of electronic devices, including mobile phones and laptops. Over the past six years, India’s production of electronics has more than doubled, reaching approximately USD 11,500 crore in 2024. India has set an ambitious goal to increase its …

India unveils $5 billion plan to strengthen domestic electronics component production
4 months ago

India unveils $5 billion plan to strengthen domestic electronics component production

Live Mint  

India is set to roll out incentives worth up to $5 billion to local electronics firms to manufacture components for devices ranging from smartphones to laptops, according to government officials. However, the industry remains heavily dependent on imported components, particularly from China and Hong Kong, which account for over half of India's $89.8 billion electronics imports in the fiscal year …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
4 months, 1 week ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

Passion, not pay, fuels India's space aspirations, says ISRO Chief
4 months, 1 week ago

Passion, not pay, fuels India's space aspirations, says ISRO Chief

India Today  

In the fast-evolving world of space technology, ISRO has captivated both India and the global community with groundbreaking missions like Chandrayaan-3 and Gaganyaan. But this is a space that is driven by passion.” For ISRO Chief, contributing to India’s strides in space technology is the real currency for those who choose this path. “This way, students with space-related aspirations can …

India Eyes Satellite Networks for Connectivity Boost: Telecom Minister Scindia
4 months, 1 week ago

India Eyes Satellite Networks for Connectivity Boost: Telecom Minister Scindia

Deccan Chronicle  

New Delhi: Union telecom minister Jyotiraditya Scindia on Monday hinted that the government is looking at the evolution of satellite communication networks or non-terrestrial networks with great optimism and believes it will open up new frontiers in communication technologies besides connecting the unconnected. “The non-terrestrial networks will ignite the advent of new applications and advance the resolve of the government …

ISRO chief Somanath says India must create ‘leading’ space firms, not just service companies
4 months, 2 weeks ago

ISRO chief Somanath says India must create ‘leading’ space firms, not just service companies

The Hindu  

To be a major space power, India needs to create “leading space companies and not merely service companies,” S. Somanath, the chairman of the Indian Space Research Organisation said on Tuesday. Speaking at the India Space Conclave, organised by the industry lobby Indian Space Association, he said that while India had built a space programme over the decades relying on …

India's Data-Driven Strategy to Capture Market Beyond SpaceX
5 months, 1 week ago

India's Data-Driven Strategy to Capture Market Beyond SpaceX

The Hindu  

India is exploring a new strategy to capture a larger market share in the commercial space sector. The country plans to focus on providing cost-effective services and hardware to sectors such as communications, agriculture and commodities. This will involve providing data analytics and interpretation services, as well as building small satellites and launching them cheaply into orbit. While the Indian …

Space science and technology opportunities for students
6 months, 1 week ago

Space science and technology opportunities for students

Hindustan Times  

Space science and technology in India have steadily progressed since the establishment of the Indian Space Research Organisation on August 15, 1969. Universe ) Recently, big missions like Chandrayaan-3, Mangalyaan, and Aditya-L1 have made headlines worldwide, brought recognition to India’s space programme, and fuelled national pride. In 2020, after the government of India opened its doors to private sectors and …

Mint Quick Edit | India’s fab dream: There’s hard work to do
6 months, 1 week ago

Mint Quick Edit | India’s fab dream: There’s hard work to do

Live Mint  

Prime Minister Narendra Modi said on Wednesday that it is his dream to see an India-made chip in every global device. He also sought to attract global players by highlighting India’s stable business environment and chip investments already secured to fast-track the sector’s growth. While local chip rhetoric has been high ever since “computer chips, not potato chips" became a …

US and India to explore further advancements in defence innovation: US Consul General
6 months, 1 week ago

US and India to explore further advancements in defence innovation: US Consul General

New Indian Express  

BENGALURU: BENGALURU: To advance cooperation in space, the US and India are preparing to launch the NISAR satellite, a collaborative project between National Aeronautics and Space Administration and Indian Space Research Organisation. Speaking with TNIE, US Consul General in Chennai, Chris Hodges, mentioned that in the defence sector, an innovation summit that commenced on September 9 in the Silicon Valley …

Bengaluru Space Expo - 2024 to be held from September 18 to 20
6 months, 2 weeks ago

Bengaluru Space Expo - 2024 to be held from September 18 to 20

The Hindu  

The eighth edition of the Bengaluru Space Expo 2024 and International Conference and Exhibition is scheduled from September 18 to 20 at BIEC here. The event will also highlight the initiatives undertaken by the Indian government to encourage and engage Indian industries in the space sector, as well as foster collaboration with international space agencies. “India’s space sector has witnessed …

National Space Day: How private sector propelled Chandrayaan-3 to the Moon
7 months ago

National Space Day: How private sector propelled Chandrayaan-3 to the Moon

India Today  

As India celebrates its first National Space Day on August 23, 2024, we find ourselves at a pivotal moment in our nation's scientific journey. However, as we celebrate these achievements, it's crucial to understand that Chandrayaan-3's success is also a celebration of space enterprise and the growing role of the private sector in India's space journey. This collaborative effort, spanning …

We must focus on semiconductor chip manufacturing to get ahead in the GenAI race
7 months ago

We must focus on semiconductor chip manufacturing to get ahead in the GenAI race

Live Mint  

In the GenAI era, hardware is having a moment. While companies in East Asia surge ahead in semiconductor manufacturing, many in Silicon Valley and India remain rooted in the belief that companies making software—or what we deem as the application layer—and those investing in it will continue to dominate this technology beyond the current aberrant phase. In Silicon Valley, there’s …

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
7 months, 1 week ago

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel

Deccan Chronicle  

Nadiad : Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's …

India's space tech sector grew 235% in 2 Years, secured $126 million in 2023
7 months, 3 weeks ago

India's space tech sector grew 235% in 2 Years, secured $126 million in 2023

India Today  

India’s space tech sector is set for significant growth, driven by substantial government investment and strategic initiatives. According to Tracxn’s Space Tech Geo Report 2024, India’s growing Space Tech sector witnessed record-breaking funding of $126 million in 2023, a 7% increase from the $118 million raised in 2022 and a 235% increase from $37.6 million in 2021. Despite a global …

Budget 2024: ₹1,000 crore venture capital fund for space economy
8 months ago

Budget 2024: ₹1,000 crore venture capital fund for space economy

Hindustan Times  

Finance minister Nirmala Sitharaman unveiled a set of forward-looking initiatives as part of the budget proposals on Tuesday, operationalising a ₹1 lakh crore research fund that experts said will help work in next generation technologies and announce a new fund for innovation in the space sector. “With our continued emphasis on expanding the space economy by 5 times in the …

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’
8 months ago

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday announced the creation of a ₹1,000 crore venture capital fund in the Budget 2024 aimed at expanding the space economy “fivefold over the next decade”. The new venture capital fund is expected to stimulate private sector involvement in space activities, supporting startups and established firms in advancing innovative space technologies. News agency PTI …

Budget 2024: 18% hike for Department of Space, lion’s share for development of space tech
8 months ago

Budget 2024: 18% hike for Department of Space, lion’s share for development of space tech

The Hindu  

The Department of Space received an 18% hike over its expenses in 2023-2024 in the 2024-2025 Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday. Mixed reactions Importantly, Ms. Sitharaman also announced a pool of ₹1,000 crore, or around $120 million, as venture capital funding for space start-ups, with the goal of “expanding the space economy by five times …

Budget 2024: Indian space industry excited about Rs 1,000 crore fund
8 months ago

Budget 2024: Indian space industry excited about Rs 1,000 crore fund

India Today  

The Union Budget 2024 has been met with widespread approval from the space industry, following Finance Minister Nirmala Sitharaman's announcement to expand India's space economy fivefold over the next decade. Lt. Gen. AK Bhatt, Director General of the Indian Space Association, praised the government's commitment, stating, "The Union budget's vision to grow India's space economy by fivefold in the next …

Budget 2024: Nirmala Sitharaman announces Rs 1,000 crore fund to boost space economy
8 months ago

Budget 2024: Nirmala Sitharaman announces Rs 1,000 crore fund to boost space economy

India Today  

Finance Minister Nirmala Sitharaman on Tuesday unveiled an ambitious plan to expand India's space economy fivefold over the next decade, marking a significant leap in the country's space aspirations. In a bold move to propel India's space sector forward, Sitharaman announced the establishment of a Rs 1000 crore venture capital fund dedicated to fostering growth and innovation in space technology. …

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30
8 months ago

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30

Deccan Chronicle  

Chennai: India can increase its electronics production five-fold to touch $500 billion by FY30, with $200 -$225 billion worth exports of both finished goods and components by becoming an integral part of the global value chain through focused policy interventions, finds Niti Aayog. However, the electronics sector has a very high participation in the global value chain with 75 per …

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study
9 months ago

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study

ABP News  

Indian tech start-ups secured $4.1 billion in funding in the first half of 2024, a 4 per cent increase from $3.96 billion in the second half of 2023. According to Tracxn, a market intelligence platform, India ranks as the fourth-highest funded country globally in the tech startup landscape, with the US, UK, and China leading in overall funding volumes. Seed-stage …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
9 months, 1 week ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

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