India's growth prospects for the electronics industry

India's growth prospects for the electronics industry 

Digital consumer electronics products, sales growth, booming telecom / networking market is worth noting the growth of portable / wireless products in use in India, some of the current observed a significant trend, they offer stimulating growth of electronics design industry bigger. 

India has developed an electronic design industry, 120 design units and ranked second in the United States, Britain, Germany, Sweden, China, Taiwan and Israel designed revenues. 

Function is essential technological infrastructure, semiconductor and electronics major component. Electronic total sales in India in 2009 to 40.7 billion dollars will reach $ 400 billion by 2020. Currently, the local manufacturing sector accounted for about 40% of consumption, it can be increased to 80% by 2020. 

Indian electronics market, the main driving forces include telecommunications infrastructure equipment, wireless handheld devices, laptops and other IT and office automation products, set-top boxes and smart cards. Growth industries, including medical devices, automotive, consumer and industrial goodsâEUR "all of which increasingly use electronicsâEUR" in India is expected to boost consumer electronics, opening up more investment opportunities, non-resident Indians (NRI) Electronics investment options. Industries India IndiaIn, Bangalore after Noida has become a hub for electronic design industry with many key players in opening offices in the city's research and development (R & D) center. Global multinational companies such as Freescale, Mentor Graphics and corporate systems Interra some of the major companies in Noida. 

Indian government continue to make efforts to promote India's electronics industry, the electronics industry to invest in countries to attract foreign and local players. For the purpose, the government has set up an authorized committee will invite a preliminary letter of intent (EOI) from potential technology providers and investors. 

Under the automatic route allows 100% foreign direct investment in India to promote Indian electronics manufacturing semiconductor manufacturing. 

Cabinet has approved a proposal, electronic manufacturing clusters (EMCS) development, to provide financial assistance to help electronic system design and manufacturing (ESDM), the growth of the sector in India. ESDM sector development, the program is expected to contribute to investment flows. 

The Government is also developing a special incentive program designed to encourage local manufacture of electronic products. The package includes indirect taxes, reimbursement of 20% of capital expenditure and subsidies by the high-tech manufacturer in the special economic zone (SEZ) in India Electronics sectorThe growing tablet market; units.Future increase laptop penetration, coupled with widespread demand for flash memory and desktops from the e-government program that will promote the Indian semiconductor market growth. 

"Semiconductors and electronic products are technology-oriented products, which will push the dollar 40 billion U.S. dollars in 2020 in the heart of India's electronics market. ISA committed to working with all stakeholders from industry, academia and government work, so that the ecological system put this opportunity into a reality, "Every Pradeep K, Dr. Du Ta, ISA President and Vice President and Managing Director, Synopsys India. 

In the electronics industry in India, foreign direct investment in the Indian IT and ITES sector development is very important. 

India's strong growth in the semiconductor design industry, has opened a lot of opportunities to invest in India's electronics industry..