The Electronic Industries Association of India (Elcina) has requested a ₹72,500 crore ($8.57 billion) support package to boost domestic production of non-semiconductor electronic components and reduce import reliance. Elcina estimates that India’s demand-supply gap for electronic inputs could balloon to $248 billion (₹21 lakh crore) by 2030 to meet projected electronics production worth $500 billion. […]
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The Confederation of Indian Industry (CII) has urged the government to adhere to its fiscal deficit target of 4.9% of GDP for 2024-25 and 4.5% for 2025-26. The industry body warned that pursuing “overly aggressive targets” could harm India’s economic growth trajectory. “India’s rapid growth amid a global economic slowdown has been supported by prudent […]
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