Page 19 - CIJ Dec 2023 - Digital Edition

C o ver S to ry
Cover Story

The global electronics

manufacturing industry,

a colossal sector valued

at $2.9 trillion in 2020, is

currently undergoing a
significant transformation.

This shift, driven by

increased environmental

awareness and a critical

examination of the

industry’s ecological

impact, including electronic
waste and substantial

energy demands, is

redefining the landscape

of global electronics

production. In this evolving
scenario, India emerges as

a pivotal player. Expanding

from $37.1 billion in 2015-16

to a remarkable $67.3 billion

in 2020-21, the Indian

electronics sector is not

only gaining prominence in
the global market but also

playing a crucial role in the

national economy.

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