- 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
