Electronics Manufacturing Industry Covering Challenges and Opportunities in India

Albany, New York, January 11, 2017: The rapidly growing market for electronics manufacturing in India is the focus of a new report that has been published to the vast archive of Market Research Hub (MRH). The study titled, ‘Challenges & Opportunities of Electronics Manufacturing Industry in India’ analyzes the market’s present scenario & evaluates that amongst the several electronics manufacturing countries, India is one of the few which is perceiving positive growth with a projected GDP growth of 7.7% in the year 2017.

Request For Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=883525

The first section of the report comprises an overview of the electronics industry in India. As per the research study, the electronic industry is poised for significant growth, due to the enormous demand in the domestic market and continuing shift to building an end to end manufacturing ecosystem. Currently, Indian electronics industry stands at US425 billion and is ranked 26th in the world in term of sales and 29th in terms of production. It is well known that, the demand for electronics is boosting day by day which is the major factor for the electronics manufactures to develop their position in the market. The growing customer base & the augmented penetration in consumer’s durable segment has provided enough scope for the growth of electronics sector. With this high market growth in India, several companies currently have rushed into this sector including electronic brands and manufacturers.

Also, India is a well-known global player in software services sector and is increasingly becoming a destination for chip design and embedded software. But on the hardware front, the progress is rather slow. Further, the report highlights India's Advantages in the Electronics Manufacturing Industry which includes the positive outlook, state government support, plans & initiatives. According to the study, in recent years, the entire structure of the industry is determined by the government policies & initiatives which must be conducive & ideal. The “Make in India” campaign launched by Prime Minister Narendra Modi, has given a boost to various sectors including electronics. The initiative also aims to transform India from highly potential market to the powerhouse of manufacturing; thus creating millions of job opportunities.

Moreover, major IT products developing in India are also mentioned. It includes:

Read Full Report with TOC: http://www.marketresearchhub.com/report/challenges-and-opportunities-of-the-electronics-manufacturing-industry-in-india-report.html

Penetration level in high growth products is equally up and rise in demand for computer/IT products, auto electronics and industrial as well consumer electronics is equally sharp. Moving further, key electronics companies in India and the development of those major players are also mentioned in the report. It consists of raw material, EMS/sub-assemblies, component, and end product manufactures.

About Market Research Hub:        

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Contact Details:

90 State Street,
Albany, NY 12207,
United States
Toll Free: 866-997-4948 (US-Canada)
Tel: +1-518-621-2074
Email: press@marketresearchhub.com
Website: http://www.marketresearchhub.com/
Follow Us on:
Twitter: https://twitter.com/MktResearchHub 
LinkedIn: https://www.linkedin.com/company/market-research-hub
Facebook: https://www.facebook.com/MarketResearchHub/