Current Affairs · Economy and Sectoral Growth
Consider the following statements about India’s electronics manufacturing sector: 1. India manufactures around 99% of its domestic smartphone demand, significantly reducing its reliance on imports. 2. India’s electronics market contributes around 4% of the global share, with an increasing focus on component manufacturing and design. 3. The Production Linked Incentive (PLI) scheme helped reduce completely built-in mobile phone imports from 78% in FY15 to around 4% by FY23. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 21 and 3 only✓
- 32 and 3 only
- 41 and 2 only
Correct answer
1 and 3 only
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