China’s recent export restrictions on key rare earth elements have severely impacted India’s audio electronics industry, particularly the supply of NdFeB magnets used in devices like speakers, smartphones, and wearables. According to Electronics Industries Association of India (ELCINA), over 21,000 jobs are at risk as manufacturers face rising costs, production...
Gujarat has launched the Electronics Component Manufacturing Policy-2025 to attract over ₹35,000 crore in investments and position the state as a global electronics manufacturing hub. Offering dual incentives aligned with the Centre’s ECMS scheme, the policy promotes local production, reduces import dependency, and boosts exports. In a strategic move to...
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