Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, said on Thursday that smartphones now rank second in India's exports from 14th position just four years ago.
Minister of Railways, Electronics & IT Ashwini Vaishnaw has highlighted the vision of a New India with its transformative rail initiatives and sustainable infrastructure growth in his meetings with global industry leaders at the World Economic Forum 2025.
Ahead of the World Economic Forum in Davos, Union Minister Ashwini Vaishnaw said here on Sunday that there was a lot of interest globally in Prime Minister Narendra Modi's economic policies to be the focus of discussions at the World Economic Forum in Davos.
The rules empower citizens by giving them greater control over their data with provisions for informed consent, the right to erasure and grievance redressal. Parents and guardians are empowered to ensure online safety for their children, the official statement explains.
FPCBAs are currently classified as PCBAs, though their functionality is similar to connectors. The ICEA recommended that FPCAs should be categorised under a new HSN Code at 10 per cent duty.
The combined market capitalisation of Samsung Group's affiliates dropped about 23 per cent in 2024 due to the sluggish performance of its key affiliate Samsung Electronics, data showed on Sunday.
The electronics sector in the country is projected to create 12 million jobs by 2027 — 3 million direct and 9 million indirect roles, a report said on Saturday.
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.
