India Plans $500 Billion Electronics Boost, 6 Million Jobs

22 Jul 2024 CW Team

NITI Aayog has unveiled a strategic plan to expand India's electronics sector to $500 billion, aiming to create 6 million jobs. This initiative is part of a broader effort to position India as a global electronics manufacturing hub.

The government is focusing on enhancing manufacturing capabilities and promoting innovation in the sector. This involves supporting domestic production, attracting foreign investment, and improving infrastructure. Key areas include semiconductors, mobile devices, and consumer electronics.

NITI Aayog's plan emphasises the importance of skilled workforce development, aiming to equip millions with necessary expertise through targeted training programs. Collaborations with educational institutions and industry stakeholders will play a crucial role in this endeavour.

By boosting the electronics industry, India seeks to reduce its dependency on imports and enhance its global competitiveness. The initiative aligns with the "Make in India" campaign, focusing on sustainable growth and economic resilience.

Investments in research and development are also prioritised to foster technological advancements and support the creation of innovative products. The government aims to build a robust ecosystem that encourages startups and nurtures homegrown talent.

The projected growth in the electronics sector is expected to significantly contribute to India's GDP, enhancing its economic stature on the world stage. This ambitious plan marks a pivotal step towards realising India's vision of becoming a leading player in the global electronics market, driving job creation and technological progress.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..