China’s pivot from goods to global credit
For decades, the story of China’s rise was told through the movement of containers, ships loaded with electronics, machinery, and textiles leaving its ports for markets across the world.
For decades, the story of China’s rise was told through the movement of containers, ships loaded with electronics, machinery, and textiles leaving its ports for markets across the world.
India today stands among the world’s largest automotive producers, yet remains a minor presence in global automotive trade.
Semiconductors play a vital role in modern technology ecosystems, powering critical systems in healthcare, communications, transport, defence, and space.
Addressing a press conference at the BJP headquarters here, he said that the exports of electronic products have grown eight fold during this period and the sector now provides employment to over 25 lakh people.
When China abruptly tightened exports of rare-earth elements earlier this year, the reverberations were immediate.
Buoyed by robust local manufacturing of electronics products, especially mobile phones, the government is reportedly planning to soon roll out incentives worth billions of dollars for domestic companies to manufacture deeper components.
Retail investors scooped up 2.33 trillion won ($1.67 billion) worth of Samsung Electronics stocks since the U.S. presidential election, the country's main bourse said on Sunday.
Over the past ten years, capital-intensive sub-sectors such as electronics, chemicals and machinery within India’s manufacturing sector, have seen a major growth in both employment and exports, according to a Goldman Sachs report.
The IEM-UEM group attained an orbital shift in research excellence through the collaborative global conference IEMCON (Information Technology, Electronics and Mobile Communication) in collaboration with IEEE and the famous University of California, Berkeley, USA.
Union Minister for Electronics and IT Ashwini Vaishnaw has said that India is moving towards becoming the next semiconductor hub for the world as big investment is happening in this sector in the country.
