Over the last couple of decades, India has been the epicentre of consumer demand fuelled by a phenomenal GDP growth. While all the sectors have been poured in with heavy demands, one sector that stands out is the high-end electronics products. The demand for the same has grown multifold during the last few years with the sector posting double-digit growth numbers.
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In response to this, electronica India 2013 and productronica India 2013 (epIndia 2013) have been recently concluded at New Delhi. This event was witnessed by industry players to showcase their latest products and technologies. Besides these, there is also a Business-to- Government platform for the industry to directly interact with the Department of Electronics and Information Technology (DeitY) to articulate and learn about new policies in the segment.
"As always, India offers a great opportunity in electronics system design and manufacturing. With the country looking to be an economic powerhouse on the global platform, sectors like ESDM will play a vital role. We have received investment offers to the tune of around Rs.11,000 crore in this sector. The main focus this year will be on Mobile Handset Manufacturing, Automotive Manufacturing, Consumer electronics and LED manufacturing as these are the areas of interest in the market," said Dr Ajay Kumar, Joint Secretary, Department of Electronics and Information Technology, Ministry of Communications & Information Technology.
"This partnership of MMI-India and DeitY will work well for the industry to grow. We need to take this partnership beyond India and electronics policies need to be discussed globally. The Government has revamped its set of policy initiatives, now focussing on the "state-of-the-art" technologies which make India an attractive destination for investment in electronics manufacturing," added Dr Kumar.
The trade fair witnessed around 10,000 visitors.
