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Source India Electronics Supply Chain 2025 Kicks Off In Chennai

Updated: Feb 19, 2025 02:11:09pm
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Source India Electronics Supply Chain 2025 Kicks Off In Chennai

New Delhi, Feb 19 (KNN) The 14th edition of Source India Electronics Supply Chain 2025 commenced Tuesday at the Chennai Trade Centre, marking a significant gathering of electronics industry stakeholders.

The event, organised by the Electronics Industries Association of India (ELCINA), has attracted over 150 exhibitors and approximately 4,000 delegates and visitors, including international participation from Taiwan, Singapore, Russia, and Japan.

Tamil Nadu Industries Minister TRB Rajaa emphasised the state's remarkable progress in electronics manufacturing during the inauguration.

He highlighted the state's achievement of Zero Defect Manufacturing at zero-parts-per-billion levels in several sectors, surpassing the industry standard of zero-defects-per-million.

The minister also noted the significant advancement in workforce diversity, with women's participation reaching 70-80 per cent in certain electronics manufacturing facilities across the state.

The state government has set an ambitious target to increase its electronics manufacturing output to USD 100 billion, a substantial increase from the current USD 12 billion.

This goal aligns with India's broader electronics industry growth, which has demonstrated remarkable progress over the past eight years.

National electronics production has tripled from USD 37 billion in 2015-16 to exceed USD 115 billion in 2023-24, while exports have reached USD 29 billion. The sector has emerged as a significant employment generator, creating approximately 2 million jobs nationwide.

The exhibition's focus on strengthening supply chains and increasing value addition reflects the industry's commitment to enhancing India's position in the global electronics manufacturing landscape.

This year's international participation further underscores the growing importance of India's electronics sector in the global supply chain network.

(KNN Bureau)

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