DESCRIBE IN DETAILS ABOUT5 THE AUTOMOBILES INDUSTRY AND ELECTRONIC INDUSTRY OFN INDIA
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AUTOMOBILES INDUSTRY
The $118 bn Automobile industry is expected to reach $300 bn by 2026. India's annual production has been 29.08 mn vehicles in 2018 as against 25.33 mn in 2017, registering a healthy growth of 14.8%. India is expected to emerge as the world's third-largest passenger vehicle market by 2021.
ELECTRONIC INDUSTRY
The electronics market valued at $120 bn in 2018-19 is segmented as Mobile Phones (24%), Consumer Electronics (22%), Strategic Electronics (12%), Computer Hardware (7%), LEDs (2%) and Industrial Electronics (34%) comprising of Auto, Medical and other industrial electronic products.
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