Predictions for 2024: Hear this! Wearables are poised for a boom time

Posted on:
Key Points

While other sectors grappled with export declines in 2023, Indias electronics manufacturing saw a stellar 24% surge, generating $18 billion revenue in the April-November period...

The year 2024 promises to be a breakout one for Indias hearables and wearables industry, a rapidly growing segment within Indian electronics..

Driven by domestic adoption, this sector witnessed modest growth in 2023 and anticipates robust growth...

With the continuous progress on AI and innovations, wearables are increasingly integrated into everyday life as indispensable health companions, fuelling the rise of Indian brands, and presenting a unique opportunity to create national champions...

With vision and concerted efforts, Indias hearables and wearables industry is poised for an exciting future, not only shaping domestic health experiences but also establishing a global footprint...

You might be interested in

India needs more women workers to be a $5 tn economy: World Bank India chief

03, Oct, 23

In an interview, Auguste Tano Kouamé spoke of the impact of India’s inclusion in global bond indices and India’s potential growth drivers

CII calls for review of trade ties with China

23, Jun, 24

The CII called for a review of trade ties with China due to the country's reliance on electronics components imports, posing a risk to domestic manufacturing sustainability.

Micron flags tax concerns in India, says regime ‘not aligned’ with global practices

19, Jun, 23

The iCET dialogue, jointly launched by India and the US in Washington, covers several critical and emerging technology areas.

ETMarkets Smart Talk: FII sell-offs a tactical move; moderate correction of 3-4% could renew their interes

07, Oct, 23

“While the Nifty50 has reached a significant milestone at 20,200, it's not necessarily indicative of a definitive ceiling. Several global factors, such as the stronger-than-expected global growth and the recent decline in global average inflation, suggest that equity valuations are less likely to face immediate pressures.”

Credible India: There's much for us to talk about at Davos 2024

12, Jan, 24

The WEF’s theme of ‘Rebuilding Trust’ has four key discussions in which we can play a key role: security and cooperation, growth and jobs, AI, and a strategy for climate, nature and energy.

India's global exports in labour-intensive sectors declined in last 5 years: FIEO

01, Oct, 23

The labour-intensive sectors hold immense significance in India, not only for their job creation potential but also for their substantial contribution to net high-value addition.

Global Uncertainties – Will they fog the Indian growth story?

29, Apr, 23

India has routinely showcased the ability to withstand global economic, geopolitical. and other various crises. Will it be able to navigate turbulent times in the future as well?

India's exports showcase remarkable resilience, eyes USD 2 trillion goal by 2030: PHD Chamber

23, Nov, 23

New Delhi [India], November 23 (ANI): In a significant revelation, the PHD Chamber of Commerce and Industry’s research report has positioned India’s exports as the most resilient among the top 20 global exporters. The report underscores the impressive growth of exports, with rates reaching 20 per cent and 9.7 per cent in 2021 and 2022, […]

India's pharma business can reach $130 billion by 2030: Industry experts

28, Nov, 23

India Business News: NOIDA: India's pharmaceutical business may exceed $130 billion by 2030, supported by expanding market opportunities and heightened demand in the overs.

View: India has made it to the launchpad. It still needs a spark

15, Mar, 24

India's upcoming elections coincide with new trade agreements and surging economic indicators, including stock market highs and foreign investments. The economy's growth rate stands impressively at 8.4%, showcasing stability and potential for further development.