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
Air India buying 100 more Airbus planes

Air India to expand fleet with 100 additional Airbus Aircraft

Air India has made a significant move that underscores the country's burgeoning aviation sector. On December 9, the airline confirmed the purchase of 100 additional Airbus aircraft. This order includes 10 widebody A350 and 90 narrowbody A320 aircraft, inclusive of A321neo. Dec 9, 2024