You are on page 1of 61

The State of the Indian PCB Industry

Muniswamy Anilkumar
President
Indian Printed Circuit Association,
Bangalore, India

Indian Printed Circuit Association

Agenda
IIntroduction
t d ti
- India Inc. Balance sheet in brief
Indian PCB Industry
- Evolution
- Present state
- Future prospects
Government Initiatives to boost the
Industry
Indian Printed Circuit Association

Introduction

India Inc.- a macro economic view

Indian Printed Circuit Association

Indian Printed Circuit Association

Indian Printed Circuit Association

Indian Printed Circuit Association

Indian Printed Circuit Association

Indian Printed Circuit Association

India Inc
Inc.- why a macro economic view?

Understanding India has often been


difficult for those who look for
archetypes in each country
country. Indias
India s
sheer size, variety and apparent
contradictions confound many
observers.
P. Chidambaram
Fi
Finance
Mi
Minister
i t
Govt. of India
Indian Printed Circuit Association

India Inc
Inc.- why a macro economic view?

The p
persistence of p
poverty,
y, illiteracy,
y,
malnutrition and the low rank in human
development index makes it like
somewhat similar to other poor and
developing countries.

Indian Printed Circuit Association

10

India Inc
Inc.- why a macro economic view?

However, its software and


engineering skills
skills, its exports
exports, its
human resources and, more recently,
it ambitious
its
biti
fforays iinto
t acquisition
i iti off
businesses
bus
esses ab
abroad
oad make
a ee
every
ey
foreign observer sit up and take
notice of the elephant that has beg
begun
n
to dance.
Indian Printed Circuit Association

11

India Inc
Inc. balance scorecard
F
Fastest
t t Growing
G
i Free
F
Market
M k t Economy
E
Average growth last 10 years : >6%: last 3 years 8%
(>9% March-Sept in 2006)
Goldman Sachs Forecast:
Indian GDP would overtake Italy,
y France and Germany
y by
y
2025 and Japan by 2030

Industrial growth of 9% being maintained;


manufacturing sector growing faster.
faster Attempts
being made to take it to 12-14%.
((11.4% g
growth March-Sept
p in 2006))
4th Largest Economy by PPP (purchasing power
parity)
Indian Printed Circuit Association

12

Indian Economy on a swing


Growing

Global Engagement; merchandise exports of over


US$105 bn and imports of US$156 bn. Both growing at over
20% annually.
Surging Foreign Exchange Reserves > US$165 bn.
Fll investments of US$14 bn and FDI of US$ 8 bn in 200606
70% of the companies
p
with FDI yielding
y
g higher
g
profitability
p
y
than that of the parent company.
300

250

5 .1 5
241
4 .2

200

150

in U S $ b n

3
2 .7

3 .1

2 .9

76

114
95

86

76

142
2 .6

2 .4
100
73

31 .879

3 .6

95

50

T ra d e

FDI
0

5
05
20

04
20

-0

-0

4
03
20

02
20

13

-0

3
-0

2
20

01

-0
00
20

99
19

-0

0
-0

9
-9
98
19

97
19

19

96

-9

-9

Indian Printed Circuit Association

Indian Economy on a swing (contd.)


Fast improving Infrastructure
Some of the largest infrastructure creation in
the world (Golden Quadrilateral -5,400
5 400 kms)
Planned investment of about USD 300 bn
during the next 10 years for creation of
expressways
p
y and roads
Formation of Special Economic zones (SEZ),
more than
th 300 zones planned
l
dd
during
i th
the nextt 3
years through public-private partnership

Indian Economy on a swing (contd.)


(contd )
Robust frame-work for Global Business
World
Worlds
s largest democracy
Global Indians: 30 Min
English widely spoken
Strong judicial system

Indian Economy on a swing (contd.)


Large and growing domestic market 210 million middle
class, increasing by 15-20 million annually
Huge upwardly mobile young population with high
propensity to spend .
Massive investments planned in infrastructure, both urban
& rural- sizable demand for cement, steel, machinery.
p
modernization in Indian industry
y with
Wide spread
liberalization and globalization .

The state of Indian PCB Industryy

Indian Printed Circuit Association

17

Indian PCB Industry-evolution


Industry evolution
Some scientists and research institutes
g PCBs in the late 50s
started making
The first commercial PCB production
started for in
in-house
house requirements by
Bharath Electronics in 60s, followed by
Indian Telephone industries and many
p
research
more defense and space
institutes.
Indian Printed Circuit Association

18

Indian PCB Industry-evolution


Industry evolution
Th
The first
fi t professional
f
i
l grade
d private
i t companies
i
started PCB manufacturing in 70s
The first boom in PCB started between 19851990
The major market drivers
drivers-Telecom,
Telecom, defense and
space research
Boom could not sustain due to problem such as,
low domestic demand for hardware components,
lack of ecosystem (infrastructure), sudden
change in technology (telecom)
(telecom), extremely high
cost of capital and poor financial muscle.
Indian Printed Circuit Association

19

Indian PCB Industry-evolution


Industry evolution
Th
The second
db
boom started
t t d after
ft 2001 , with
ith th
the entry
t off
some MNC and NRI (non resident Indian) companies in
to India
New set of homegrown entrepreneurs and young
management teams infused fresh lease of life in to the
i d t
industry
Some companies also changed the strategy from volume
to quick turn production
Exports started picking up and quality reached world
class standards
M&A helped domestic companies to reach new heights

Indian Printed Circuit Association

20

Indias
India
s position in the world production
Country

Revenue
(USD Millions)

China
10830
North America
4494
Europe
3587
Japan
10059
Taiwan
5869
S. Korea
5020
Other Asia
2584
India
200
Hong kongIndian Printed Circuit Association 154

21

Major
j Rigid
g single/side
g
Manufacturers
Sr No
Sr.

Company

Production
M2 p.a

Epitome Components Ltd

720000

Akasaka Electronics Ltd.

480000*

Ascent Circuits Pvt. Ltd.

300000

Garg Electronics

180000

Genus Electrotech Pvt. Ltd.

108000

Shogini Technoarts

66000

NSP Electronics

60000

Indian Printed Circuit Association

*Estimated Figure

22

Major double/side, Multi-layer Manufacturers


(in terms of Sq.
Sq Meters)
Sr.
No

Company

Double
Sid
Side

MultiL
Layer

Total
Production

AT&S

75000

150000

225000

Shogini Technoarts

13500

45000

180000

Sonic Technology

72000

12000

84000

Circuit Systems India Ltd.


Ltd

52260

23400

75660

CIPSA RIC

72000

72000

Fineline Circuits
Circuits, Mumbai

19740

36660

56400

Meena Circuits

43200

43200

Ascent Circuits Pvt


Pvt. Ltd
Ltd.

36000

5000

41000

Genus Electrotech Pvt. Ltd.

36000

36000

28800

6000

34800

10 Fineline Circuits,
Circuits Baroda

Indian Printed Circuit Association

23

Top
p Ten manufacturers (Turnover)
(
)
Rank

Company

Turnover
(USD Millions)

AT&S

40 0
40.0

Shogini Technoarts

13.3

Circuit Systems India Ltd.

12.2

Ascent Circuits Pvt. Ltd.

11.55

E it
Epitome
Components
C
t Ltd.
Ltd

11 10
11.10

Sonic Technology

9.3

CIPSA RIC India Pvt Ltd.

8.0

Fineline Circuits, Mumbai

6.6

Akasaka Electronics Ltd.

6.6

Hi Q Electronics.

5.3

10

Genus Electrotech
Pvt. Ltd.
Indian Printed Circuit Association

4.0

24

Key
y PCB Exporters
p
Sr.
No.

Company

Total Export
(Rs. in Millions)

AT&S

35.5

gy
Sonic Technology

9.3

Ascent Circuits Pvt. Ltd.

6.6

Fineline Circuits
Circuits, Mumbai

64
6.4

CIPSA RIC India Pvt Ltd

5.6

Circuit Systems India Ltd.

2.8

Hi Q Electronics

2.1

Fineline Circuits, Baroda

2.08

Shogini Technoarts

15
1.5

Indian Printed Circuit Association

25

Competitiveness of Indian Labour

Indian Printed Circuit Association

26

Domestic Market for PCBs (Sector-wise)


USD in Millions
Sector

2004

2005

2006

Consumer

129

144.31

159.75

Industrial

38.24

43.82

50.22

Computer
p

99.64

129.44

167.84

Comm. &
B.cast

161.95

204.68

258.62

Strategic

22.48

25.6

29.13

451 31
451,31

547 85
547.85

665 56
665.56

Total

Indian Printed Circuit Association

27

Where is the Big Picture?

Indian Printed Circuit Association

28

IT Market

Indian IT Industry Year 2005-06 : An Overview


IT Industry in India : USD 37.5 Bn +
Hardware
Hardware
Software
Domestic : USD 7 Exports
E
t : USD 1
1.25
25 Domestic : USD
Bn
6.1 Bn
Bn

Software & Services


E
Exports
t : USD 23
23.4
4
Bn

A
Annual
lS
Sale
l :
PCs: 5.1 million

TVs: 10 million

Mobile Phones : 38 million

TVs : 110 million

Telephone (fixed ) : 50 million

TVs : 45 per 100


household

Mobile : 75.8 per 1,000

I t ll d Base:
Installed
B
PCs: 18 million
Penetration :
PCs: 18 per
1,000
,
Access:
Internet Users: 35 Broadband : 0.50
Telephone subscribers (Fixed+Mobile)
(Fixed Mobile) :
milliion
million
140 million
India is a Twenty Billion Dollar
domestic
ICTAssociation
(including CE) market today !
Indian Printed Circuit

29

IT Market

Market demand by major cities

D e s k to p S a le s b y T o w n -C la s s : 2 0 0 5 -0 6

38

33

12

11

13

45

51

54

5% of ICT demand

Chennai
5% of ICT demand

Consumption in smaller towns


improving rapidly

7
06

-0
04

Hyderabad

Bangalore

-0

43

20

35

Top 4

-0

30

-0
02
20

01

-0

1 % of ICT demand

3% of ICT demand

20

Pune

14

12

Mumbai

53

20

20
13

56

-0

21% of ICT demand

68

03

Kolkata

100%
80%
60%
40%
20%
0%

20

4% of ICT demand

N ext 4

R e s t o f In d ia

05

Delhi
D lhi

20

18 % of ICT demand

IT Market
PC Market in India : 2005-06

7000000

PC (Desktops + Notebook) Sales

6000000
5000000
4000000
3000000
2000000
1000000
0
2 0 0 1 -0 2 2 0 0 2 -0 3 2 0 0 3 -0 4 2 0 0 4 -0 5 2 0 0 5 -0 6 2 0 0 6 -0 7
Desktop sales crossed 4.6 million units in 2005-06; expected growth in 2006-07:21%
Notebook sales crossed 431 K units in 2005-06; expected growth in 2006-07 : 100% +

IT Market

The growing Domestic Mobile Phone Market

P ro je c te d G ro w th in s u b s c rib e r
Base
250

210

M illio n
U n its

200
130

150
80

100
50

48

0
2004

2005

2006

2007

YEAR

Target 2007 : 200 + million subscribers

Booming mobile phone business


Size off th
Si
the market
k t
2001 $ 43.47 million
2006 - $ 4.34 Billion
20102010 $ 50 Billion?
India expected to be the second largest
market for
f Nokia in terms off value by 2010
Nokia has committed to invest $
$150 million
at its India facility and already shipped 20th
million mobile p
phone in Oct. 2006
Indian Printed Circuit Association

33

IT Manufacturing

India is now ready for IT manufacturing


Standard & Poor upgrades its outlook on India to
positive from stable (April 2006)
Surge in confidence in IT manufacturing
Most leading
g mobile brands have invested in
handset and related equipment manufacturing in
India- Nokia, Motorola, Samsung, LG, Ericsson .
Strengthening presence of EMS companies
Flextronics, Solectron, Celestica, Jabil Circuits and the
latest- Foxconn
All leading
g PC Brands- Lenovo,, Acer , HP have
assembly plants and are aiming at expansion; Dell is
the latest entry with a combined investment of $300
million
illi ((with
ith suppliers)
li )
Indian Printed Circuit Association

34

New Electronic
Hardware
Manufacturers

Nokia, Finland - Mobile Phones: USD 150 Mn

Flextronics, USA - Electronic Hardware:


USD 100 Mn

Hon Hai / Foxconn, Taiwan: Electronic Hardware:


USD 110 Mn

ASPOCOMP, Finland: Electronic Hardware:


ASPOCOMP
USD 80 Mn

Motorola, USA - Mobile handsets: USD 30 Mn


(I Phase)

Spelmech Semi-conductors: USD 45 Mn

Salcomp (USD 40 Mn),

Perlos (USD 45 Mn) and many more component


manufacturers

Indian Printed Circuit Association

35

IT Market

The Four Tigers of IT growth


2004

2007

Worldwide

: 160 Million

: 234 Million

India-Volume

: 4 Million

: 9 Million

India Share

:2
2.5
5%

: 4%

India Growth

: 32%

: 30%

2004

2007

Worldwide

: 650 Million

: 1040 Million

India-Volume

: 22 Million

: 90 Million

India Share

:3%

:9%

India Growth

: 58%

: 24 %

2004

2007

W ld id
Worldwide

: 136 Milli
Million

: 261 Milli
Million

India-Volume

: 1 Million

: 10 Million

India Share

: 0.4%

: 4%

Worldwide

: 51 Million

: 80 Million

India-Volume

: 1 Million

: 5 Million

India Share

:2%

: 6%

Indian Printed Circuit Association

36

Future Potential

India can be your ideal business partner


Domestic electronics hardware equipment market slated to US $ 126.6 billion
in 2010 and USD 363 billion in 2015 , (Source: ISA-Frost & Sullivan, January,
2006)
Domestic electronics manufacturing to grow to USD 58 billion by 2010 and
USD 155 billion by 2015. ( Source: ISA-Frost & Sullivan, January, 2006)
National g
goal- PC p
penetration 65 p
per 1,000 by
y end 2009; Targeted
g
PC sales
for terminal yar: 28 million (Source: Ministry of Communications & IT, April 2005
)
Semiconductor and embedded design
to cross USD
g market size expected
p
14.4 billion in 2010 and USD 43 billion in 2015 ( Source: ISA-Frost & Sullivan,
January, 2006)
p
p
y 2010 (
Software and Services exports
expected
to cross US $ 60 Billion by
Source : NASSCOM , February 2006)

Indian IT Industry offers great Business Opportunities!


Indian
Printed Circuit
Association
Have you
partnered
with
it as yet?

37

Percentage of population aged 65 and older

India is young and talented


India leads in R & D

2 7 .4

2 2 .7
1 3 .2
6 .9

1 6 .9
7 .1

2 1 .1
1 1 .4
5 .2

2 9 .2
2 1 .5
1 82.71 .4
1 4 .8 1 4 .7
1 2 .3
8 .3

Current patents by Indian Entity


0

50

100 150

200 250

Texas Instruments

2000

2 0 2 5 ( p r o je c t e d )

N o rth
A m e ric a

E u ro p e

In d ia

T h a ila n d

K o re a

C h in a

Intel

2 0 5 0 ( p r o je c t e d )

Oracle
Cisco system
GE
IBM

Source : UN world Population Prospectus; the 2000


Revision and Taipei; China: council for Economic
Planning and Development, Official Communication
2002
2002.

ICI

PhD -12,000
12,000 p.a
Engineers- 600,000 p.a

Additional working age population by 2010

U S
W .A sia
L .A m e ric a
S E A sia
C h in a
A fr i c a
In d ia

In mn

13

20

38
41

56

73

Graduates -8.5 Mn p.a


Intel

3500

Motorola

2100

Texas Instrument

3450

Samsung

2100

Sanyo
HP

3500

Cisco system

2100

National Semi conductor

950

83

IBM
Source: World Economic Forum

700

3750

Government Incentives for Investors

Indian Printed Circuit Association

39

The Policy Structure: Reforming to Globalize


IT Agreement of WTO from March 01, 2005
Customs duty on 217 hardware items are ZERO
Excise Duty (Domestic Levy): 12% on Computers; 16% on Peripherals
One integrated seamless market
State VAT introduced on April 01, 2005; most IT products attract 4%
National GST of 16% by 2010 a single rate encompassing all local levies e
e.g.
g Excise
duty, State VAT, Octroi etc.
Aggressive Telecom reforms
Broadband Policy 2004; steep fall in prices of international and domestic bandwidth
Special Economic Zones (SEZs)
100% foreign equity permitted.
Income Tax exemptions for 15 years.
Banking system & Currency Transaction- Seamless with any global market operations
Policy for Fab and other high capital intensive products such as LCD, storage devices etc.
on the anvil

SEZ Act & Rules- Incentives made permanent and not


Indian Printed
Circuit Associationdiscretion
subject to political
or administrative

40

Investment Policy
FDI

up to 100% allowed on Automatic route in


manufacturing
g activities

Ceilings on FDI limits only in 13 sectors and prohibited in 4.


FDI without permission allowed in most activities
activities.
Foreign collaborations on liberal terms- royalty upto 5% on
domestic sales/ 8% on exports plus lumpsum payment of
US$ 2 million on automatic route and beyond with
permission .
Investments made by Foreign investors receive National
Treatment .
Industrial license needed only in five sectors

Taxation in India
Taxes being rationalised and procedures simplified
Major Central Taxes
Corporate tax 30%
Import duty: max 12.5% except on agricultural and certain
specified items
Excise duty 0- 16%
Service Tax
Double Taxation Avoidance Agreements with 65 countries with
Taiwan under negotiation.
Major State Taxes
Value Added Tax-Basic Rates 4 / 12.5 %
Move towards a comprehensive Goods and Services Tax (GST) regime
by 2010 to replace central, state and local taxation on goods.

Policy & Infrastructure

The Policy Structure: Duties & Taxes


Item

Custom
Duty

Excise
Duty/Counter
Vailing
g Duty
y

Additiona
l Duty*

Computer

Nil

12%

4%

Peripherals-Motherboard,
Monitor Printer,
Monitor,
Printer Key Board
Board,
Mouse etc.

Nil

16%

4%

Microprocessor

Nil

Nil

4%

HDD/FDD/CD-Rom Drive/DVD
Drive / Flash Drive

Nil

Nil

4%

All other Storage Devices

Nil

16%

4%

Mobile Phones

Nil

Nil

4%

p
of
Parts and Components
Mobile Phones

Nil

Nil

4%

Excise duty and Additional dutyo on input components and sub-assemblies can
be offset (CENVATed) against the Excise duty of the locally manufactured Finished
product.
Printedand
Circuit
Association
Convergence of ServiceIndian
Tax (12%)
Excise
Duty- these can be offset
agianst each other

43

Policy Initiatives: Special Economic Zones


Law on SEZ
provides policy
stability

Policy
Duty free Zones

IT/ Biotech SEZs -10 ha, single- product SEZs 100 ha


and multi-product- 1000 ha.
Units to be net foreign exchange earner within 5 years. No
exportt commitments.
it
t
FDI up to 100% permitted in development of SEZ
Transfer of goods from DTA to SEZ treated as exports,
No Limits on DTA Sales
Can be set up in the public, private or joint sector.
Single Window Clearance
150 SEZs approved and
18 already operational

Policy & Infrastructure

The Policy
y Structure: SEZ-the new vehicle for investments
Minimum Area for T hardware/Software :
10 hectares (10,000 sq. mtrs)
Customs and Excise :
Allowed to source duty free all capital goods,
goods raw materials,
materials consumabels,
consumabels
spares, packing materials, office equipment, DG sets etc. without any license
or specific approval .
Domestic
D
ti sales
l b
by SEZ units
it are exemptt ffrom Addit
Additonall Duty
D t ( 4% )
Domestic sale of finished products, by-products to the DTA on payment of
applicable Custom duty.
Income tax
100% IT exemption (10A) for first 5 years and 50% for 5 years thereafter.
Reinvestment allowance to the extend of 50% of ploughed back profits.
Carry forward of losses
Indian Printed Circuit Association

45

Policy & Infrastructure

The Policy Structure: SEZ-the new vehicle for investments


Foreign Direct Investment
100% foreign direct investment is under the automatic route is allowed
in manufacturing in SEZ units.
Banking / Insurance/ External Commercial Borrowings
External commercial borrowings by units up to $ 500 million a year
allowed without any maturity restrictions.
Freedom to bring in export proceeds without any time limit
limit.
Flexibility to keep 100% of export proceeds in EEFC account. Freedom
to make overseas investment from it.
Exemption from interest rate surcharge on import finance .
SEZ units allowed to write-off unrealized export bills.
Central Sales Tax Act:
Exemption to sales made from Domestic Tariff Area to SEZ units.
Service Tax:
Indian
Association
Exemption from Service
tax Printed
to SEZCircuit
units.

46

Policy Initiatives: Special Economic Zones


TAX Incentives for SEZ companies
For Developer : Income Tax exemption for a block
of 10 y
years in 15 years
y
For units: 100% Income Tax exemption for first 5
years 50% for next 5 years and 50% of the ploughed
years,
back export profits for next 5 years
Exemption from indirect taxes; excise,
excise sales
sales,
services tax etc.
Freedom
F d
to raise
i ECB with
i h out any maturity
i
restrictions

India : Comparative Advantages


Low wage costs
costs- unskilled labor at US$ 50-70
50 70 / month and
semiskilled between US $ 90-120/month

p than in China,, Vietnam Indonesia and


cheaper
Thailand.
g level expected
p
to be maintained because of
Wage
demographic profile.
p
intensive p
processes by
y labor is
Substitution of manyy capital
feasible initial capital cost lower by 20-40% .
High Capacity to produce items requiring design
capabilities and embedded software- high availability of IT
Skills.
Huge infrastructure of technical and scientific institutionsannually 600,000 engineers/ technical manpower added.

Conclusion

India Advantage
A very rapidly growing domestic
market:
CAGR 30% +

Local Market

Global
Gl b l recognition
iti ffor b
back-end
k d
services:
A proven case for IP,
embedded
e
bedded systems
syste s a
and
d IC
C
design

Profit from
Local Sales

Attractive for Manufacturing


Investments

Advantage

Skilled employee base

Use India for IP

Fast and upcoming modern


infrastructure (SEZs)
Proximity to EU and MEA markets
Freight Cost; 20% cheaper
than China Faster delivery
and
d llesser pipeline
i li iinventory
t

India
Improve Costs & quality
for Europe & Others

and ITeS Services


-New Product development
- Engineering services
- BPO

Manufacture for
Exports

Back end Services

India is a great Opportunity


Indian
PrintedAdvantage
Circuit Association
- Triple

49

Setting up and doing business in India is improving fast


.
Days to get clearance to start business
Januaryy 2004
Rus
sian
Fed

Chi
na

Indi
a

Bra
zil

Time taken to clear good at the customs,


y
in days

36

44

India -00

Foxconn/Honhai s Experience
Foxconn/Honhais
Conceputalised India plan- Apr05,
First visit to India by CEO Oct 05
MOW with Tamil Nadu government- Mar 05
Launching production Jun 06

1 0 .3

7 .3

89

9 .9

China

15 2

Brazil

8 .4

Source: World Bank Investment climate Survey

With States competing with each other, many investors find


Indian Printed
Circuit
Association
setting up business
in India
quite
a quick process

50

IPCA : Your window to Hardware investments in India

First

stop for first hand and complete information on


IT products market and opportunities in India

Policies that are conducive for IT manufacturing


Get
G t information
i f
ti already
l d available
il bl else
l sponsor syndicate
di t study
t d
Guidance on how to go about investing in India
Appointments with Key Government officials & Chambers
Chambers.
Appointment with industry leaders for first-hand insights.
Networking opportunities for integrating into the IT value chain in
India from manufacturing to distribution .
IPCA can help you identify the right business partner

Come explore the great Indian IT opportunity with MAIT!


Indian Printed Circuit Association

51

Acknowledgements
Data sources
1. IPCA , India
2. WECC report
3. ELCINA, India
4. MAIT, India
5. Economic Times
6. Business line

Indian Printed Circuit Association

52

THANK YOU
A questions
Any
ti
please?
l
?

Contact details
M Anil Kumar
President
Indian Printed Circuit Association (IPCA)
839A, 100 feet Main Road, Indiranagar 1Stage,
Bangalore-560038
Bangalore
560038, INDIA
Phone: +91-80-25250118, 25651772
Fax : +91-80-25213212
Mobile:+91 98450 23625
Mobile:+91-98450-23625
www.ipcaindia.org
E-mail : anil@slntechnologies.com
anil@ipcaindia.org
il@i
i di

Indian Printed Circuit Association

53

..Infrastructure
Urban infrastructure :
31 cities of over 1 million population and 393 over
100,000 population.
Elected city governments manage all cities with
population over 10,000 persons.
Civic Amenities and infrastructure being modernized
under the Jawahar Lal Nehru Urban Renewal Mission US $
22 bn in 61 cities
Suburban rail networks: being in 5 million plus metros.

The Whose Who


IT Hardware
HCL
HP
Wipro
IBM
TVS-E
D-link
ACER
Samsung
LG
Flextronics
Solectron
WeP
EMS
Flextronics
Honhai/Foxconn
Jabil Circuits
Elcoteq

IT Leaders in India and indicative list


Software
INFOSYS
Wipro
TCS
HCL
Satyam
IBM

BPO
WiproSpectramind
IBM-Daksh
WNS Global
Services
E-Funds
EXL Services
3i Infotech

Telecom
Motorola
Ericsson
Nokia
Alcatel
Samsung
Siemens
HFCL
Bh ti
Bharti
Benq
ITI

R&D
TI
Intel
IBM
Motorola
Wipro
GE
Philips
ST

ISPs
Satyam
VSNL
MTNL
BSNL
Bharti

Training
NIIT
Aptech

Solectron
Celestica
S
i
Sanmina

Indian Printed Circuit Association

55

Whatt makes
Wh
k Indian
I di companies
i unique
i
iis
their ability to operate in the presence of
the several constraints like lack of
adequate infrastructure and a set of
demanding value conscious customers
customers.
These constraints have forced our
companies to innovate on the products,
processes and distribution which in turn
has created companies
p
which are able to
offer superior products and services at a
much competitive prices as compared to
anywhere
h
else
l iin th
the world.
ld
Indian Printed Circuit Association

56

SEZ
The Special Economic Zone (SEZ) policy
g to ensure that India
has been envisaged
enhances its competitive strengths in
international business.
business The SEZ act of
2005, aims to help businesses reduce
costs improve efficiency and facilitate the
costs,
development of core sectors

Indian Printed Circuit Association

57

Why NOKIA
chose Chennai

We had visited several locations in


the country (India) before zeroing in
on Chennai. Our decision has been
based on three key factors...the proactive approach of the state
government, overall development of
th area... and
the
d th
the availability
il bilit off
skilled manpower
Mr. Raimo Puntala
Sr VP, Operations & Logistics,
Customer & Market Operations,
Nokia
Courtesy: Tamil Nadu State
Government

Indian Printed Circuit Association

58

TAMILNADU
Chennai
Automobile Map

The accelerated de
development
elopment of o
ourr project in Tamil
Nadu is largely due to the enthusiastic efforts of the
Government of Tamil Nadu.
Chennai is choice due to the efforts of a transparent
and pro-active state machinery
Mr. Y.S. Kim
CEO, Hyundai Motors India

When we looked at locations all over India...not only


the existing manufacturing base
base, we looked at the
availability of services and infrastructure-power,
water, logistics...and I think equally most important is
availability of good well trained labour force and cost
competitiveness...and made an evaluation of all the
f t
factors
and
d Tamil
T il Nadu
N d really
ll came att th
the ttop off th
the
list
Mr. David E. Friedman, MD & President
Ford India Limited

Indian Printed Circuit Association

59

One needs an uncanny acumen


to spot opportunities in India

Indian Printed Circuit Association

60

If you succeed in spotting these


opportunities , the rewards are
plenty

Indian Printed Circuit Association

61

You might also like