Indian ESDM industry projected to surpass Rs 9 lakh crore by FY28

New Delhi: The Indian electronics system design and manufacturing (ESDM) industry, valued at about Rs 2.09 lakh crore in FY23, is estimated to reach Rs 9.09 lakh crore by FY28E, at a compound annual growth rate (CAGR) of 34 per cent, a report said on Tuesday.