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To reach the ambitious goal of a $5 trillion economy, the government aims for $300 billion in electronics production, including $100 billion in exports, by providing manufacturers with incentives. The government's efforts, including the Production Linked Incentive Scheme (PLI), aim to boost exports and production in the electronics industry.
India's electronics exports to the US have more than doubled to $6.6 billion from January to September 2023, reaching an all-time high. The share of electronics imported from China into the US has decreased. The bilateral electronics trade between India and the US has also seen a significant increase. The Indo-US Task Force for Electronics aims to elevate India's position in the US electronics market.
business reporter electronics exports from india to the us jumped over two-fold year-on-year to usd 6.6 billion during january-september 2023, industry body icea has said. india cellular and electronics associatio
India's electronics exports to the US have more than doubled to $6.6 billion from January to September 2023, reaching an all-time high. The share of electronics imported from China into the US has decreased. The bilateral electronics trade between India and the US has also seen a significant increase. The Indo-US Task Force for Electronics aims to elevate India's position in the US electronics market.
New Delhi, Aug 31 (IANS) The Indo-US Task Force for Electronics, launched here on Thursday, aims to boost the electronics trade between the two countries to