India Prioritizes EV and Semiconductor Sectors, Embraces Industry 5.0 for Sustainable Growth

Date:

India’s government is prioritizing investment in key sectors like electric vehicles (EVs) and semiconductor manufacturing, positioning itself as a global leader in these industries. Policies in various states, such as Tamil Nadu’s focus on auto components and Telangana’s push for energy storage solutions, are supporting this shift towards sustainable and high-tech manufacturing​.

The automotive industry is also evolving with a strong focus on sustainability, where companies are accelerating the adoption of digital technologies like AI, IoT, and robotics, in line with the global Industry 5.0 trend. In fact, 93% of Indian manufacturers are integrating these technologies to enhance sustainability and profitability​.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

three × 5 =

Share post:

Subscribe

spot_img

Popular

More like this
Related

HG Infra Engineering Receives Provisional Certificate for Odisha Highway Project

HG Infra Engineering’s wholly owned subsidiary, HG Raipur Visakhapatnam...

CCI Group Invests ₹227 Crore in New Grade-A Warehouse Facility in Gurugram

CCI Group, one of India’s leading integrated logistics service...

India’s NaBFID Plans $2 Billion Foray into Offshore Debt

India’s National Bank for Financing Infrastructure and Development (NaBFID)...

Mumbai Leads India’s Real Estate Equity Investment with $6.9 Billion Inflow

Mumbai has emerged as the top destination for real...