According to the Frost & Sullivan study, from the top 25 high priority electronic products that account for 82% of overall electronics consumption in India, the top 5 product categories alone account for 60% of the overall electronics consumption. Some of the high consuming electronic products identified are -

• Mobile Phones 38.85%

• FPD TV 7.91%

• Notebooks 5.54%

• Desktops 4.39%

Power electronics/supply, Processor, LCD Display, Memory and PCB feature among the top 4 components contributing to the product Bill of Materials (BoM) across majority of the top 25 high priority products. According to the report, 69% of local consumption of the top 25 priority products are currently met through imports.

Strategic recommendations by Frost & Sullivan:

• Aim to meet 50% of demand for 25 high priority products by local high value added manufacturing by 2018.

• Address >20 % of the disability cost in producing the high priority products locally by normalizing duty structure and cost of working capital.

• Provide subsidies / low interest loans to address working capital issues for SME manufacturers.

• Provide a single window system for quick clearance of applications under the M-SIPS and EMC policies.

• Skill Development Council to focus on developing skill-sets needed in the ecosystem for the 25 high priority products.

About IESA

The India Electronics & Semiconductor Association (IESA) is India’s premier trade body in the ESDM space. More information on IESA is available at www.iesaonline.org

Contact: 

Rahul Nag
Sonali Pappur Sadanand
Text100 India
+91 9958644228 / +91 9844489854