Quantum jump in the export of electronic goods - India Shipping News

- Electronics goods exports jumped over 400% from Rs 38,263 crores in 2014 to Rs 1,92,527 crores in January 2023

- FY 2022-23 saw electronic goods exports of USD 23.57 billion, a 50.52% growth from FY 2021-22

- National Policy on Electronics 2019 aims to make India a global hub for Electronics System Design and Manufacturing (ESDM)

- Four schemes introduced to boost the electronics sector and establish an ecosystem: Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), Modified Electronics Manufacturing Clusters Scheme (EMC 2.0), and the Production Linked Incentive Scheme (PLI) for IT Hardware (2.0)

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