Shavikesh Goel | Vice President | Maier+Vidorno LinkedIn | Twitter | Google+ August 2019 The National Policy on Electronics 2019 (NPE 2019), launched by the Indian Government in February 2019, targets $400 billion turnovers by 2025 from domestic manufacturing, setting up clusters [...]
The Indian Electronics Industry is one of the fastest growing in the world and is expected to grow at a CAGR of 42.4% to reach $400 billion in 2020 from $100 billion in 2016. Electronics manufacturing is one of the key 25 focus sectors of the Make-in-India programme, which seeks [...]
The increasing prevalence of the internet along with the growing number of connected devices has given a boost to the power of electronics and the electronics market in India. Additionally, the elimination of 500 and 1,000 rupee notes in the demonetization move by the Government in November 2016 brought an [...]
The Electronic Industry is globally considered to be one of the fastest growing industries. Especially, the Electronic Products Industry in India is predicted to grow at 10.1% annually to be worth $75 billion by 2017. The consumer market for electronic goods is expected to reach $20.6 billion by 2020. To [...]
India’s demand for electronic goods is continuously rising. New technological inventions are created and reach the market every month, and especially young people are keen on buying the newest products. To meet domestic demand, the Electronics output has to increase to $400 billion per year by 2020. In order to [...]
At present, India imports 65 % of electronic equipment, computer hardware and other electronic items. The economy is doing well in Information and Technology (IT) services, but lags far behind in manufacturing of Electronic Goods, from IT hardware to other electronic items. In 2014-15 the total import of Electronic Goods [...]
The Consumer Electronics and Appliances Industry in India is expected to become the fifth-largest in the world by 2025. It's projected to grow to the US $ 400 billion by 2020 and the production is expected to reach the US $ 228 billion by 2019. But what drives the growth [...]
Guest author: Amol Garbhe | Manager – Sales & Marketing |HBC-radiomatic India Pvt. Ltd. Over the past few decades India has been the epicenter of consumer demand fuelled by technological advances. With regards to the electronics market, India is one of the largest in the world and is anticipated to [...]
The demand for electronic devices is expected to rise from 80 billion US$ in 2012 to 400 billion US$ in 2020. Yet, the demand of around 60 to 70% is met mainly by imports, which are rising much faster than the local production. The new government wants to expand the [...]
The electronics system design and manufacturing industry (ESDM) [i] is blessed in India right now. Not only does India have the 3rd largest pool of scientists in the world, but as the population booms so does the market for consumer electronics. Furthermore, Government schemes like the [...]
