Indias electronic products industry slated to grow at 10.1%: Study
The Dollar Business Bureau The Indian electronic products industry is slated to increase at a compound annual growth rate (CAGR) of 10.1% to reach $75 billion by 2017 from $61.8 billion in 2015, predicted a joint study undertaken by Assocham-EY. “Rising manufacturing costs in China and Taiwan are compelling manufacturers to shift their manufacturing base to alternate markets. In 2014, the average manufacturing labour cost per hour in India was $0.92 as compared to $3.52 of China,” the study stated. The joint study titled ‘Turning the Make in India dream into a reality for electronics and hardware industry’ underscored that the electronic products market is currently dominated by electromechanical components, which forms 30% of the total demand, followed by components such as resistors and ...
Indian Electronic Expo showcases the world's best in New Delhi
Jasleen Kaur | The Dollar Business Electronic and computer software division of the Export Promotion Council (ESC) organised the 2nd edition of India Electronic Expo on 17-18 March,2016 in New Delhi.Many top Indian electronics companies along with companies from various countries participated and displayed their products in the event. The event was also attended by The Dollar Business in Delhi. When asked about the experience of participating in this event, Ashutosh Agarwal, Tesca Technologies Pvt. Ltd., Jaipur said, “This is a wonderful event organised by ESE. The staff here are very cooperative and supportive. This is the second show and the show is growing in terms of its popularity and in terms of visitors coming to see it. I also see a lot of ...
