Electrical and Electronic Products

Electrical and Electronic Products

The electronic industry in India is Rs.91,400 crore in size which constitutes just 0.7 % of the global electronic industry. However the demand in the Indian market is growing rapidly and investments are flowing in to augment manufacturing capacity. India however remains a major importer of electronic materials, components and finished equipment amounting to over Rs.56,300 crore in 2005. This is not a desirable situation and local manufacturing has to keep pace with growing local demand.

The electronics market can be further segmented into Consumer electronics, Communications and broadcasting equipment, Computers, Strategic Components, Industrial Components and Other Components.

India is also an exporter of a vast range of electronic components and products for the following segments -

  • Display technologies
  • Entertainment electronics
  • Optical Storage devices
  • Passive components
  • Electromechanical components
  • Telecom equipment
  • Transmission & Signaling equipment
  • Semiconductor designing
  • Electronic Manufacturing Services (EMS)

 

Electronics & IT Exports

(Rs. Bn)

 

 

 

 

 

 

Item

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08*

Consumer Electronics

7.5

8.25

11.5

20

15

17.84

Industrial Electronics

1.4

15.15

15.0

23.0

30

36.3

Computers

5.5

14.4

1.2

10.25

15.0

19.28

Communication & Broadcasting Eqpt.

5.00

1.65

3.5

5.0

6.5

6.94

Components

2.40

37.55

38.0

38.0

58.5

67.25

Sub-Total

56.0

77.0

80.0

96.25

125.0

127.0

Computer Software

461.0

582.4

801.8

1041.0

1410.0

1630.0

Total

517.0

659.4

881.8

1137.25

1535.0

1757.0

*Estimated

The Indian market for electronic products is growing at the rate of 30% p.a. At this rate the industry is poised to exceed Rs.7.2 lakh crore by 2015. The growth potential of India has led to the foray of many international players like Solectron, Flextronics, Jabil, Nokia and Elcoteq into the Indian market. In consumer electronics Korean companies such as LG and Samsung have made commitments by establishing large manufacturing facilities and now enjoy a significant share in the growing market for products such as Televisions, CD/DVD Players, Audio equipment and other entertainment products.
Source: ELCINA

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