Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30
5 months, 3 weeks 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 cent exports happening through the chain spread across different economies. Currently, on average India’s tariff on relevant electronics is around 7.5 per cent against 4 per cent in China, 3.5 per cent in Malaysia and 2.7 per cent in Mexico. India’s tariffs provide a 5-6 per cent cost disadvantage to electronics exports.

History of this topic

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
3 days, 5 hours ago
Targeting global chip shifts more important than self-sufficiency: Chris Miller
5 days, 6 hours ago
How India’s services sector made history as goods exports floundered
1 week, 1 day ago
India’s $500 billion electronics goal: A dream too far?
Trending News
1 week, 5 days ago
Surfing on wave of premiumisation, appliances industry expects 15 pc growth in 2025
2 weeks ago
India’s Services Exports Hit Historic High In Oct, Find Out Why
2 weeks, 1 day ago
Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
2 weeks, 2 days ago
India’s CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge: Report
2 weeks, 3 days ago
Indian medtech firms eye exports as established MNCs dominate local market
2 weeks, 4 days ago
India’s trade braces for an action-packed 2025
3 weeks ago
Ajit Ranade: India needs more sectors to be reliable dollar earners
3 weeks ago
Rupee at 85 to a Dollar: Sinking Towards 100?
3 weeks ago
What India-US trade could look like after Trump takes office
3 weeks, 4 days ago
Indian manufacturing must adapt to constant flux in a dynamic world
3 weeks, 4 days ago
Indian economy to grow 6.6% in FY26: Ind-Ra
3 weeks, 5 days ago
DC Edit | Time to focus on service sector
3 weeks, 6 days ago
India’s imports rises to 27%, touches to record high of almost $70 billion
4 weeks ago
India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year
4 weeks ago
India should not shy away from Chinese investment: Arvind Panagariya explains why
1 month ago
Govt mulling $3 billion incentives package for electronics R&D, products
1 month ago
India faces high exposure to US trade policy shift
1 month, 1 week ago
China+1 plan: India’s limited gain
1 month, 1 week ago
India achieves limited success in capturing ’China Plus One strategy’ so far: Niti Aayog report
1 month, 1 week ago
India’s exports rise, boosting global presence
1 month, 1 week ago
India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
1 month, 2 weeks ago
India-China trade: An alarming $18 billion discrepancy
1 month, 2 weeks ago
India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw
1 month, 2 weeks ago
More M. Tech seats in medical engineering to be created; trade gap in medical devices to be wiped out in five years
1 month, 2 weeks ago
Government to offer USD 500 crore incentive to further localise smartphone production
1 month, 3 weeks ago
India unveils $5 billion plan to strengthen domestic electronics component production
1 month, 3 weeks ago
Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales
1 month, 3 weeks ago
India: Services Exports to Surpass Merchandise Shipments by 2030
1 month, 3 weeks ago
Pharma, electronics and engineering goods among India’s top exports during Apr-Oct
1 month, 3 weeks ago
Merchandise exports surge amid focus on key markets, countries
Trending News
1 month, 4 weeks ago
India will meet its exports target of USD 800 billion this year: Commerce Secretary
1 month, 4 weeks ago
India must cash in on chip war
2 months ago
iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
2 months ago
Merchandise exports set for modest rebound, to hit $107.5 billion in Q3: India Exim Bank
2 months ago
Trump at helm to boost Indian electronics manufacturing as more tariffs on China imminent
2 months, 1 week ago
Apple's India Expansion: A Strategic Shift Away from China
2 months, 2 weeks ago
India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
2 months, 2 weeks ago
The IMF's WEO and the Rise of China: A Cautionary Tale for India
2 months, 2 weeks ago
How India can fix the Chinese imports problem
3 months, 1 week ago
India targets $1 trillion exports by 2030: Coimbatore DGFT
3 months, 2 weeks ago
India's Defence Production Hits ₹1.27 Lakh Cr
3 months, 2 weeks ago
Is the spike in India’s trade deficit a worry?
3 months, 3 weeks ago
‘About $4 bn imports so far under new import system’
4 months, 1 week ago
India's Exports to Bangladesh, Russia Decline Sharply
4 months, 3 weeks ago
Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production
4 months, 4 weeks ago
India has made strides to further self-reliance in defence, exporting weapons too: PM
4 months, 4 weeks ago

Discover Related