Invest In India
ELECTROIC SYSTEM
- There is an increase in the growth of the electronic market in India owing to the
advancements happening in the growing middle-class population, incomes and the rapid
urbanization taking place in the country, along with declining electronics prices and
adoption of high-end technology.
- India is also the fastest growing market for smartphones in Asia Pacific.
- There’s a huge demand for electronic goods in Middle-Eastern countries and in
emerging markets (Latin America and North Africa) thereby, creating an export market
for Made in India electronic goods.
- With the introduction of concepts like “Digital India” and “Smart City”, have there has
been increased demand for IoT (Internet of Things) in the market.
- The Digital Banking Sector like Wallet Players and payment Banks will raise demand for
POS and VSAT –enabled mobile ATMs that will further give boost to the industry.
- FDI in electronics in India will result in better technology; increase cash flow and other
resources that will help discover this potential to the fullest.
- 100% FDI in electronic systems sector is allowed under the automatic route.
- In case of electronics items for defence FDI equity inflows in electronics sector up to
49% is allowed under automatic route and beyond 49% through the government
approval.
- Possible investment opportunities in manufacturing of mobile phones, LED, medical
devices, R&D in Augmented Reality, Virtual Reality, drones, robotics, to name a few.
- There is a special Government of India’s thrust is further boosting the electronic
Industry in the country.
- Special corridors and clusters with required infrastructure are being planned for fast
development of this sector.