Electronics Industry in India, Industry Structure and Production Data

Growth in the Indian electronics industry eased to 2.0% in 2014 this after growth of 6.9% in the prior year. An increase of 8.4% is forecast for 2015 and in the medium to long-term India will continue to show strong growth driven by a large, fast growing domestic market, significant foreign investment, rising exports and an improving regulatory environment. However, with growth in the market outpacing production demand will increasingly be served by imports. To ensure the continued development of the Indian electronics industry the government is implementing a series of policies which encourage the indigenous production of equipment and components and the ambitious goal of net Zero imports. Recent policy measures to drive local production should result in significant inward investment which will boost growth in the short- to medium term. India with its huge domestic market, low wages and educated workforce is also seen by many observers as a long-term competitor to China. However to achieve this, the country will need to develop the infrastructure and business environment to support growth. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Electronics Industry in India.