Monday, February 2013: According to the 6th ISA-F&S Report released recently, India’s electronic products manufacturing sector could shrink by as much as 6.7 per cent in revenue by 2015 with the increase in consumption being more than offset by imports, indicating that government efforts aimed at boosting the domestic industry may not succeed.
The study reports that local manufacturers could lose out on nearly US$ 200 billion of potential revenue in the 2011-2015 period. The report includes data about the semiconductor design, electronic components and electronic manufacturing services sectors, besides the consumer electronics products.
The study further indicated that although India’s total semiconductor consumption is expected to grow by more than 50 per cent in 2011-2015 to US$ 9.66 billion, it will be heavily reliant on imports from other global chipmakers.
Electronics Bazaar, South Asia’s No.1 Electronics B2B magazine
