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23May 2024

INDIA’S ELECTRONIC MANUFACTURING SERVICE INDUSTRY IS HUMMING — NOW TO STICK TO THE FLIGHT PATH

Relevance: GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment; Technology missions Why in the news? Manufacturers must consider nearshoring to reduce supply chain disruptions. Schemes target reducing cheap imports, boosting exports, and job creation. Significant funds are allocated for large-scale electronics manufacturing. India’s competitiveness relies on …

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