Friday, 7 February 2025

Electronics Manufacturing Sector

India has become the world’s second-largest mobile manufacturing hub, following China, with Vietnam ranking third. Currently, 99.2% of all mobile phones sold in India are produced domestically. Mobile phones account for 43% of India's total electronics production.

Electronics Manufacturing Sector Overview:

  • Total Valuation: India's electronics sector has grown rapidly, reaching USD 155 billion in FY23.
  • Production: The production of electronics nearly doubled, rising from USD 48 billion in FY17 to USD 101 billion in FY23.
  • Exports: Electronics have become India’s fifth-largest export commodity, although the country holds less than 1% of the global market share.

Makhana

The Union Budget for 2025-26 announced the creation of a dedicated Makhana Board aimed at boosting production, improving processing, and increasing value addition.

About Makhana (Euryale ferox):

Makhana is a flowering plant in the water lily family (Nymphaeaceae) and is the only surviving species in the genus Euryale.

  • Climatic Conditions: Makhana thrives in temperatures ranging from 20-35°C, with relative humidity between 50-90%, and requires annual rainfall between 100-250 cm.
  • Organic and Non-Cereal: It is a fully organic, non-cereal food primarily found in India, as well as in Korea, Japan, and parts of eastern Russia.
  • Major Production: Bihar contributes around 90% of India’s total Makhana production.
  • GI Tag: In 2022, ‘Mithila Makhana’ was granted a Geographical Indication (GI) tag.

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