ELECTRONICS & ELECTRONIC COMPONENT manufacturers in India are poised for a phase of massive growth in business opportunities. Industry 4.0; with its revolutionary usage of voluminous, fast and reliable data; is set to place unprecedented demand on data networks, driving demand for 5G devices and with it a host of compatible electronic equipment and components.
“5G could be a game changer for Indian industry with a potential to create an economic impact of more than $1 trillion by 2035,” affirms Dr. Sreeram Srinivasan, CEO, Syrma Technology, among the top-notch Electronics Manufacturing Services (EMS) provider.
With the GoI promoting electronic industry as a part of its ambitious aim of making India a global manufacturing hub, the industry is not short of support or attention in the galleries of power.
“The government has set the ball rolling with the Production Linked Incentive (PLI) scheme,” says A Gururaj, MD, Optiemus Electronics Limited, among the early qualifiers of the scheme with a business plan of investing upward of US$ 200 million in telecom manufacturing and R&D.
Disruptive technologies opening up market demand and the government backing the industry; it couldn’t have been better time for electronics and electronic manufacturers.
BUSINESS OPPORTUNITIES
India is expected to have 13.5 billion-13.7 billion IIoT connections by 2025, say reports, and manufacturing industries are eager to leverage this disruption for maximum benefits.
Denne historien er fra October 2021-utgaven av Manufacturing Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 2021-utgaven av Manufacturing Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Optimising milling operations
Exploring innovative strategies that are reshaping the milling landscape to meet the challenges of a competitive global market.
The path to excellence
Tata AutoComp’s Double Deming triumph is testament to quality and innovation
Boosting India's energy efficiency with advanced low voltage motors
Stefan Floeck, Division President of IEC Low Voltage Motors at ABB Motion, discusses the role of low voltage motors in India’s industrial future.
The Tech of E-commerce
Technology is revolutionising e-commerce by enhancing demand forecasting, inventory management, and customer experiences through AI, blockchain, IoT, and real-time data analytics.
Driving Sustainability and Innovation
A conversation with Rajendra B Chunodkar, President Manufacturing Operations, Lupin
The evolution of machining technologies
The evolution of machining technologies is reshaping the manufacturing landscape, offering unprecedented opportunities for efficiency, precision, and sustainability.
Transforming the future of manufacturing technology
A pre-event report on IMTEX 2025: The premier manufacturing and metal cutting technologies event for
THE MAKE IN INDIA JOURNEY
An analysis of the initiative's impact on the manufacturing sector.
Tata Motors Re.Wi.Re: Innovation meets responsibility
Tata Motors advances circular economy via Re.Wi.Re scrapping facility.
After Apple, Google Pixel set to be manufactured in India
Dixon Technologies' alliance with Compal Electronics is poised to further accelerate India's push to become a global hub for smartphone manufacturing.