SEPTEMBERASIA BUSINESS OUTLOOK4 Vol 01 · Issue 2 - 1 · September , 2022 Publisher Alok Chaturvedi Managing Editor Emmanuel Chiristi Das Editorial Avinash Barik Heena Kousar Hima P M Samatha SP Manager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Harold Vinson Ezekiah S. EdwardGopalkrishna Sharan To subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comCover price is $50 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Siliconmedia Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Designer Mrigank SharmaVP - Sales & Marketing Nagendra Kumar KCirculation Manager P MagendranEditorialThe automobile industry is one of the most critical drivers of the economic growth of India and one with high participation in global value chains. The development of this sector has been on the back of strong government support, which has helped it carve a unique path among India's manufacturing sectors. The automobiles produced in the country uniquely cater to the demands of the population's low and middle-income groups, making this sector stand out among the other automobile-producing countries. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market has expected to reach $805.88 billion in 2026 at a CAGR of 10.4%. The general electronic components market consists of sales of available electronic components and related services used in various applications in aerospace, communication, automotive, and other industries. General electronic components are the devices that work within an electronic system to affect their associated fields.Most of the devices are going smart nowadays, thus increasing the growth of display devices. The display devices are creating many opportunities for the growth of the electronic component market in various applications such as satellite and space technology, automotive, military applications, IoT and others. Due to an increase in demand for electronics components in various applications such as automotive, IoT, intelligent devices, and others, a shortage of electronic components supply has expected to restrain the growth of the general electronic components market in the forecast period.In many ways, the Indian Government's policy has shaped the automobile industry and nurtured the microeconomic environment it helped to create. Apart from the direct impact through scale policy instruments, the industry policy even in level learning processes and shaped technological capability accumulation.Emmanuel Christi DasManaging Editoreditor@asiabusinessoutlook.comAutomotive as the Key Driver for Electronic Components Globallysiliconindia | | December 201733..ANDTAKE YOURBUSINESS TOTHE NEXTLEVEL !!Make it simple, get found byyour customers when they need you.!Visit: www.savit.in Call: +91 9699 477 488Dominate TheFirst Page Of ...
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