Indian ESDM industry projected to surpass Rs 9 lakh crore by FY28

Electronics Manufacturing in India Gears Up for Massive Expansion

India's electronics system design and manufacturing (ESDM) industry is projected to grow at a CAGR of 34% from FY23 to FY28E. The growth is driven by increasing outsourcing of manufacturing by OEMs to ESDM providers and government initiatives like the PLI scheme. Dec 10, 2024
UPI sets new record with 16.58 billion transactions worth Rs 23.5 lakh crore in Oct

UPI provided credit access to poor, fuelled equitable growth: Study

India's Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth by enabling underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time, according to a new study by IIM and ISB professors. Dec 8, 2024