ESDM

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism.

# Business

Electronic goods production in India to hit $115 bn in FY24, mobile phones at $50 bn

The total production of electronic goods in India in FY23-24 is likely to reach $115 billion, buoyed by mobile phones’ local production which is estimated to exceed $50 billion in the current fiscal year, said the India Cellular and Electronics Association (ICEA) on Sunday.

ESDM

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Electronic goods production in India to hit $115 bn in FY24, mobile phones at $50 bn

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