A survey released by the India Electronics and Semiconductor Association (IESA) projects that the semiconductor market in India will reach $103.4 billion (₹9 lakh crore) by 2030, up from $52 billion (₹4.5 lakh crore) in 2024. Mobile phones, IT, telecom, consumer electronics, automotive, aerospace, and defense are some of the major businesses driving this expansion….
According to the Society of Indian Automobile Manufacturers, increased semiconductor supply and seasonal demand led to a 21% yearly surge in passenger car wholesales in India in August. According to the most recent information provided by the industry group Society of Indian Automobile Manufacturers (SIAM), deployments of passenger vehicles (PVs) to dealers totaled 2,81,210 units…
Auto parts manufacturers’ revenues are expected to grow by 8-10 per cent in FY23, supported by stable demand in the vehicle sector and likely easing of supply chain related limitations in the second half of the fiscal, according to a report by rating agency ICRA. In the last fiscal year, 31 auto component companies with…
