 
The Indian Market |
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India’s Renaissance …
- India is likely to show the fastest growth over the
next 30 to 50 years.
- India is projected to become the world’s
3rd largest economy by 2032.
- The present growth rate of 8%+, likely to sustain
over 5% during the next 30 years.
- India’s GDP will exceed Italy’s in
2016, France’s in 2019, Germany’s in 2023 and Japan’s
in 2032.
The Indian Electronic Market
- The demand for electronic hardware is projected to
reach an incredible 12% of our GDP by 2015 – from a little over 1%
today.
- The burgeoning growth of India’s electronic
hardware market, currently valued at US$ 16.1 billion, encompasses all
segments including telecommunications, consumer electronics, computer
hardware and medical electronics system.
- The electronics equipment market in India is expected
to grow at the rate of 30 % per annum, reaching an impressive size of
US$ 158 billion by 2015.
- Revenue generated by Electronics Manufacturing
Services (EMS) providers and Original Design Manufacturers (ODMs) in
India will rise from US$ 774 million in 2004 to US$ 2.03 billion in
2009, contributing to India’s overall electronics industry
growth.
- According to a report released by the India
Semiconductor Association (ISA), the Indian semiconductor market is
expected to double its revenue from $2.70 billion in 2006 to $5.49
billion in 2009.
