New Delhi, July 30 -- As India is targeting a sharp expansion in electronics and semiconductor manufacturing, with annual production target of USD 500 billion by 2030 and USD 5.3-8 trillion by 2047, the country is expected to unlock significant manufacturing opportunities, said Amardeep Singh Bhatia, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).

Addressing the Indo-German Chamber of Commerce (IGCC) Dialogue 2026, Bhatia said the government's Viksit Bharat vision of transforming India into a developed country by 2047 has been translated into detailed sector-specific plans, covering both social and economic sectors.

These plans set out the targets to be achieved by 2047, along with a roadmap for the actions r...