What is the major contribution of the electronics industry to the country?A. Maximized wealth informationB. Reduced povertyC. Improved standard of livingD. Encouraged employment (2024)

Hint: The electronics industry covers a wide range of products under its ambit. It includes - television, telephones, radars, computers, etc.

Complete Answer:Government policies, incentives and international investment were all responsible for the growth that the Indian electronics industry witnessed in the early years of the 21st century. In terms of consumption India’s electronics industry is one of the largest in the world. In 2012 it had a market size of 69 billion which increased to 400 billion in the year 2020.

In the year 2013 the demand for IT electronics in India was estimated to be at 13 billion US dollars. It is predicted that by the ye
by 2030 the market opportunity for aerospace and defence electronics in India will be about 70 billion dollars.

The major contribution of the electronics industry to the country has been encouragement in employment. To promote job opportunities, which is estimated at 28 million, the Indian government has reduced the country’s import bill from 65 percent to 50 percent.

India’s major project for import substitution and export encouragement has been Make in India along with Digital India campaign and Startup India. With the help of campaigns like Make in India the electronics industry in India would be able to increase employment even further by encouraging people to start manufacturing units in India.

So, the correct answer is option A.

Note: India is one of the largest markets in the world for electronic products. It is estimated that the domestic electronics market will reach 400 billion dollars by 2025.

What is the major contribution of the electronics industry to the country?A. Maximized wealth informationB. Reduced povertyC. Improved standard of livingD. Encouraged employment (2024)

FAQs

What is the major contribution of the electronic industry to the country? ›

The electronics industry covers a wide range of products from transistor sets to television, telephones, cellular telecom, pagers, telephone exchange, radars, computers and many other equipments required by the telecommunication industry. A major impact of this industry has been on employment generation.

Why are industrial electronics important to society? ›

Energy, transportation, petroleum, chemical, semiconductor, mining, agriculture, and other industries rely heavily on industrial electronics to improve efficiency and productivity.

What has been the impact of information technology and electronic industry on employment in India? ›

(i)It contributes significantly to industrial production (14 per cent), employment generation (35 million persons directly – the second largest after agriculture) and foreign exchange earnings (about 24.6 per cent). (ii)It contributes 4 per cent towards GDP.

What are the contributions of electronics in society? ›

Electronic devices have hugely influenced the development of many aspects of modern society, such as telecommunications, entertainment, education, health care, industry, and security.

What is the electronic industry known for? ›

Electronics industry landscape

The industry is focused primarily on the assembly, testing, packaging, and distribution of various electronic goods. In earlier years, it was dominated by international manufacturers that had moved their operations to the Philippines because of cheaper labor and lower production costs.

What is the impact of electronics in industry and society? ›

Advances in the field of electronics have also played a key role in the development of space technology and satellite communications; inaugurated a revolution in the computer industry that led to the introduction of the personal computer; resulted in the introduction of computer-guided robots in factories; produced ...

What are the positive impacts of electrical engineering on society? ›

Electrical engineers contributed to the creation of prostheses and artificial limbs and the modernization of many diagnostic tools and surgery. They are also involved in ongoing research on artificial hearts, nanorobotic devices, and brain implants to repair cognitive function.

What are the uses of electronics in industry? ›

Electronics are widely used in the automobile industry in engine control and car-entertainment systems. It is used in utility systems like boiler feed pumps, high voltage DC transmission, static circuit breakers, and smart grid systems. Electronics plays an important role in the aerospace industry.

How has information technology impacted the electronic industry? ›

Answer. Information technology has significantly impacted the electronic industry by driving innovation, improving efficiency, and fostering connectivity.

What are the impact of information technology on society and trade? ›

Information technology has changed the whole working environment of the society. The rapid development of information technology has tremendously increased the capacity of processing information and accelerated growth in the information intensive sector.

How information technology affected electronic industries? ›

Overall, Information Technology has significantly enhanced the electronic industry by improving efficiency, enabling innovation, optimizing supply chains, and enhancing customer experiences. It continues to play a crucial role in shaping the future of the electronic industry.

What is the contribution of technology in the economy? ›

Technological advancements have led to new industries and products, increased productivity, and improved efficiency in existing industries. This has resulted in economic growth, job creation, and higher living standards. Some specific examples of the role of technology in the economy.

Who contributed to the development of electronics? ›

The history of electronics began to evolve separately from that of electricity late in the 19th century with the identification of the electron by the English physicist Sir Joseph John Thomson and the measurement of its electric charge by the American physicist Robert A. Millikan in 1909.

What is the contribution of information technology in the economic? ›

Businesses can reduce costs, streamline processes, and increase efficiency. The main impacts of information technology on the economy are e-commerce, marketing tactics, facilitation of globalization, job insecurity, and job design. E-commerce is the buying and selling of products over the Internet.

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