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.