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India is one of the fast-growing electronics markets in the world and the largest in terms of consumption. The appliances and consumer electronics industry in India is expected to reach USD 21.8 billion by 2025 from USD 10.93 billion in 2019, according to a report by IBEF. Electronics hardware production in India increased to USD 65.53 billion in FY 19 from USD 31.13 billion in FY 2014. The Indian electronics industry market is primarily driven by the growing demand from the IT, consumer electronics, and telecom sectors.
India is the second-largest smartphone manufacturer in the world, only after China. Now, there are more than 200 smartphone manufacturing units in the country while there were just two such units in 2014. The Government of India has recently announced the PLI scheme for the electronics and mobile manufacturing industry, providing incentives on incremental sales. A lot of companies such as Foxcon, Wistron and Pegatron, which are the contract manufacturers of Apple and Samsung, Lava, Micromax, etc. have been approved under the scheme. These industries are expected to create an ecosystem for MSMEs to manufacture electronic components.
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PCBs find applications in every electronic device such as smartphones, computers, laptops and industrial equipment. As the production of PCBs is very less domestically, India mainly depends on imports to meet the growing demand. Therefore, PCB manufacturing is a profitable business venture in India currently. Our PCB consultants help industries in executing complicated PCB designing. The work of PCB consultants includes designing the boards, technology support, PCB production, DFM, and others. So, guidance for a PCB consultant with a strong and multidisciplinary skill set will help you overcome your challenges in PCB manufacturing.
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Sub Sectors in Electronic Industry
The electronics industry is rapidly changing due to rapid advancements in terms of technology. Industries in electronics manufacturing are under extreme pressure to deliver premium quality products and services owing to increasing customer expectations and competition in the market. They also face several challenges, such as shrinking product cycles, decreasing margins, technology access, poor marketing channels, etc. Our electronic circuit design consultants help in designing analog and digital circuits, components, devices and systems.
Our electronics consultants understand the challenges of industries and help them overcome the challenges, ensuring better growth. We support industries on strategy implementation, technology adoption, firmware development, embedded systems design, developing marketing and sales infrastructure and channels, etc.
Different sub sectors in the electronics industry for which we provide consulting services include:
While the Indian electronics industry provides great opportunities for new entrepreneurs, entering into the electronics industry, and starting the manufacturing business is not quite easy for there exist numerous challenges. So, it is advisable to get help from expert electrical consultants before starting the electronics manufacturing industry.
If you are planning to start the electronics manufacturing industry, then kindly register with SolutionBuggy and get assistance from trusted and verified electronics consultants. As one of the top electronics consulting companies in India, we provide a variety of services such as market research, product identification, funding, product development, funding, plant setup, process improvement, certifications, approvals, etc. We help new entrepreneurs easily start their manufacturing business by undertaking the complete execution of the project. Till date, SolutionBuggy completed more than 600 electronics consulting projects serving clientele spread across the country. Our electronic circuit design consultants having profound technical knowledge provides you an opportunity to gain a huge edge over your competitors by designing the circuit system using cutting edge technologies.
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