The Economic Survey of 2022-23 is set to be tabled soon after the President’s address. Finance Minister Nirmala Sitharaman will present the Union Budget on 1 February.
The Economic Survey says that the major drivers of growth in the electronics industry are mobile phones, consumer electronics, and industrial electronics.
The Survey is right to posit that India is growing better and better, day by day, but would have been more useful if it had addressed the constraints that contain growth below optimal potential
The survey sees potential of production linked incentive schemes in supporting domestic players to achieve economies of scale in manufacturing facilities.