1. The State of the Indian PCB Industry
Muniswamy Anilkumar
President
Indian Printed Circuit Association,
Bangalore, India
Indian Printed Circuit Association 1
2. Agenda
• I t d ti
Introduction
- India Inc. Balance sheet in brief
• Indian PCB Industry
- Evolution
- Present state
- Future prospects
• Government Initiatives to boost the
Industry
Indian Printed Circuit Association 2
9. India Inc why a macro economic view?
Inc.-
Understanding India has often been
difficult for those who look for
archetypes in each country India’s
country. India s
sheer size, variety and apparent
contradictions confound many
observers.
P. Chidambaram
Finance Mi i t
Fi Minister
Govt. of India
Indian Printed Circuit Association 9
10. India Inc why a macro economic view?
Inc.-
The persistence of p
p poverty, illiteracy,
y, 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
11. India Inc why a macro economic view?
Inc.-
However, its software and
engineering skills its exports its
skills, exports,
human resources and, more recently,
its
it ambitious f
biti forays i t acquisition of
into i iti f
bus esses abroad a e every
businesses ab oad make e e y
foreign observer sit up and take
notice of the elephant that has beg n
begun
to dance.
Indian Printed Circuit Association 11
12. India Inc balance scorecard
Inc.
• F t t Growing Free Market Economy
Fastest G i F M k tE
• Average growth last 10 years : >6%: last 3 years 8%
(>9% March-Sept in 2006)
• Goldman Sachs Forecast:
– Indian GDP would overtake Italy, France and Germany by
y y y
2025 and Japan by 2030
• Industrial growth of 9% being maintained;
manufacturing sector growing faster. Attempts
faster
being made to take it to 12-14%.
(
(11.4% growth March-Sept in 2006)
g p )
• 4th Largest Economy by PPP (purchasing power
parity)
Indian Printed Circuit Association 12
13. Indian Economy – on a swing
• GrowingGlobal 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 2006-
06
• 70% of the companies with FDI yielding higher profitability
p y g g p y
than that of the parent company.
300 6
250 5 .1 5
241
4 .2
200 4
3 .6 3 .879
1
150 3 in U S $ b n 3 .1 3
2 .9 142
2 .7 2 .6
2 .4 114
100 95 95 2
86
73 76 76
50 T ra d e 1
FDI
0 0
Indian Printed Circuit Association 13
7
8
9
0
1
2
3
4
5
6
-9
-9
-9
-0
-0
-0
-0
-0
-0
-0
96
97
98
99
00
01
02
03
04
05
19
19
19
19
20
20
20
20
20
20
14. Indian Economy – on a swing (contd.)
Fast improving Infrastructure
• Some of the largest infrastructure creation in
the world (Golden Quadrilateral -5,400 kms)
5 400
• Planned investment of about USD 300 bn
during the next 10 years for creation of
expressways and roads
p y
•Formation of Special Economic zones (SEZ),
more th 300 zones planned d i th next 3
than l d during the t
years through public-private partnership
15. Indian Economy – on a swing (contd )
(contd.)
Robust frame-work for Global Business
World s
World’s largest democracy
Global Indians: 30 Min
English widely spoken
Strong judicial system
16. 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.
• Wide spread modernization in Indian industry with
p y
liberalization and globalization .
17. The state of Indian PCB Industry
y
Indian Printed Circuit Association 17
18. Indian PCB Industry-evolution
Industry evolution
• Some scientists and research institutes
started making PCBs in the late 50s
g
• The first commercial PCB production
started for in house requirements by
in-house
Bharath Electronics in 60s, followed by
Indian Telephone industries and many
more defense and space research
p
institutes.
Indian Printed Circuit Association 18
19. Indian PCB Industry-evolution
Industry evolution
• Th first professional grade private companies
The fi t f i l d i t i
started PCB manufacturing in 70s
• The first boom in PCB started between 1985-
1990
• The major market drivers Telecom, defense and
drivers-Telecom,
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) extremely high
(telecom),
cost of capital and poor financial muscle.
Indian Printed Circuit Association 19
20. Indian PCB Industry-evolution
Industry evolution
• Th second b
The d boom started after 2001 , with th entry of
t t d ft ith the t f
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
industry
i d t
• 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
21. India s
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
22. Major Rigid single/side Manufacturers
j g g
Sr.
Sr No Company Production
M2 p.a
1 Epitome Components Ltd 720000
2 Akasaka Electronics Ltd. 480000*
3 Ascent Circuits Pvt. Ltd. 300000
4 Garg Electronics 180000
5 Genus Electrotech Pvt. Ltd. 108000
6 Shogini Technoarts 66000
7 NSP Electronics 60000
Indian Printed Circuit Association 22
*Estimated Figure
23. Major double/side, Multi-layer Manufacturers
(in terms of Sq. Meters)
Sq
Sr. Company Double Multi- Total
No Side
Sid Layer
L Production
1 AT&S 75000 150000 225000
2 Shogini Technoarts 13500 45000 180000
3 Sonic Technology 72000 12000 84000
4 Circuit Systems India Ltd.
Ltd 52260 23400 75660
5 CIPSA RIC 72000 - 72000
6 Fineline Circuits Mumbai
Circuits, 19740 36660 56400
7 Meena Circuits 43200 - 43200
8 Ascent Circuits Pvt Ltd
Pvt. Ltd. 36000 5000 41000
9 Genus Electrotech Pvt. Ltd. 36000 - 36000
10 Fineline Circuits, Baroda
Circuits 28800 6000 34800
Indian Printed Circuit Association 23
24. Top Ten manufacturers (Turnover)
p ( )
Rank Company Turnover
(USD Millions)
1 AT&S 40.0
40 0
2 Shogini Technoarts 13.3
3 Circuit Systems India Ltd. 12.2
4 Ascent Circuits Pvt. Ltd. 11.55
5 Epitome Components Ltd.
E it C t Ltd 11.10
11 10
6 Sonic Technology 9.3
7 CIPSA RIC India Pvt Ltd. 8.0
8 Fineline Circuits, Mumbai 6.6
8 Akasaka Electronics Ltd. 6.6
9 Hi Q Electronics. 5.3
10 Genus Electrotech Pvt. Ltd.
Indian Printed Circuit Association
4.0 24
25. Key PCB Exporter’s
y p
Sr. Company Total Export
No. (Rs. in Millions)
1 AT&S 35.5
2 gy
Sonic Technology 9.3
3 Ascent Circuits Pvt. Ltd. 6.6
4 Fineline Circuits Mumbai
Circuits, 6.4
64
5 CIPSA RIC India Pvt Ltd 5.6
6 Circuit Systems India Ltd. 2.8
7 Hi Q Electronics 2.1
8 Fineline Circuits, Baroda 2.08
9 Shogini Technoarts 1.5
15
Indian Printed Circuit Association 25
27. 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. & 161.95 204.68 258.62
B.cast
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
28. Where is the Big Picture?
Indian Printed Circuit Association 28
29. IT Market
Indian IT Industry – Year 2005-06 : An Overview
IT Industry in India : USD 37.5 Bn +
Hardware Hardware Software Software & Services
Domestic : USD 7 E
Exports : USD 1 25 Domestic : USD
t 1.25 Exports : USD 23 4
E t 23.4
Bn Bn 6.1 Bn Bn
Annual S l :
A l Sale
PCs: 5.1 million TVs: 10 million Mobile Phones : 38 million
Installed B
I t ll d Base:
PCs: 18 million TVs : 110 million Telephone (fixed ) : 50 million
Penetration :
PCs: 18 per TVs : 45 per 100 Mobile : 75.8 per 1,000
1,000
, household
Access:
Internet Users: 35 Broadband : 0.50 Telephone subscribers (Fixed+Mobile) :
(Fixed Mobile)
milliion million 140 million
India is a Twenty Billion Dollar domestic ICT (including CE) market today !
Indian Printed Circuit Association 29
30. IT Market
Market demand by major cities
18 % of ICT demand 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
• D lhi
Delhi
R e s t o f In d ia N ext 4 Top 4
4% of ICT demand 100%
80% 43 38 33
56 53
• Kolkata 60%
68
11 13
12
40% 14 12
20 45 51 54
20% 30 35
13
0%
21% of ICT demand
Mumbai
2
3
4
5
6
7
-0
-0
-0
-0
-0
-0
01
02
03
04
05
06
• Pune 3% of ICT demand
20
20
20
20
20
20
1 % of ICT demand • Hyderabad
• Bangalore 5% of ICT demand
Consumption in smaller towns
improving rapidly
•Chennai
5% of ICT demand
31. 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% +
32. 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
200
150 130
M illio n
U n its
100 80
48
50
0
2004 2005 2006 2007
YEAR
Target 2007 : 200 + million subscribers
33. Booming mobile phone business
Size f the
Si of th market k t
• 2001 – $ 43.47 million
• 2006 - $ 4.34 Billion
• 2010 $ 50 Billion?
2010-
• India expected to be the second largest
market f Nokia in terms of value by 2010
for f
• Nokia has committed to invest $150 million
$
at its India facility and already shipped 20th
million mobile phone in Oct. 2006
p
Indian Printed Circuit Association 33
34. 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 mobile brands have invested in
g
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 PC Brands- Lenovo, Acer , HP have
g ,
assembly plants and are aiming at expansion; Dell is
the latest entry with a combined investment of $300
million ( ith suppliers)
illi (with li )
Indian Printed Circuit Association 34
35. Nokia, Finland - Mobile Phones: USD 150 Mn
Flextronics, USA - Electronic Hardware:
USD 100 Mn
New Electronic
Hardware Hon Hai / Foxconn, Taiwan: Electronic Hardware:
USD 110 Mn
Manufacturers
ASPOCOMP,
ASPOCOMP Finland: Electronic Hardware:
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
36. IT Market
The Four Tigers of IT growth
2004 2007
Worldwide : 160 Million : 234 Million
India-Volume : 4 Million : 9 Million
India Share :25%
2.5 : 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
Worldwide
W ld id : 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
37. 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 goal- PC penetration 65 p 1,000 by end 2009; Targeted PC sales
g p per y g
for terminal yar: 28 million (Source: Ministry of Communications & IT, April 2005
)
Semiconductor and embedded design market size expected to cross USD
g p
14.4 billion in 2010 and USD 43 billion in 2015 ( Source: ISA-Frost & Sullivan,
January, 2006)
p p y
Software and Services exports expected to cross US $ 60 Billion by 2010 (
Source : NASSCOM , February 2006)
Indian IT Industry offers great Business Opportunities!
Have you partnered with it as yet?
Indian Printed Circuit Association 37
38. India is young and talented
Percentage of population aged 65 and older
India leads in R & D
2 9 .2
2 2 .7
2 7 .4
2 1 .5
Current patents by Indian Entity
1 6 .9
2 1 .1 1 82.7 .4
1
1 3 .2 1 4 .8 1 4 .7 1 2 .3 0 50 100 150 200 250
1 1 .4
6 .9 7 .1 8 .3
5 .2 5 Texas Instruments
Intel
C h in a
T h a ila n d
K o re a
E u ro p e
In d ia
A m e ric a
Oracle
N o rth
Cisco system
GE
2000 2 0 2 5 ( p r o je c t e d ) 2 0 5 0 ( p r o je c t e d )
IBM
Source : UN world Population Prospectus; the 2000
ICI
Revision and Taipei; China: council for Economic
Planning and Development, Official Communication
2002.
2002 PhD -12,000 p.a
12,000
Engineers- 600,000 p.a
Additional working age population by 2010
Graduates -8.5 Mn p.a
Intel 3500
Motorola 2100
Texas Instrument 3450
U S
In mn W .A sia
L .A m e ric a
Samsung 2100
S E A sia
C h in a
A fr i c a
Sanyo 700
In d ia
HP 3500
13
20
Cisco system 2100
38
41
56 National Semi conductor 950
73 83
IBM 3750
Source: World Economic Forum
40. 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 g Excise
e.g.
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
subject to politicalPrinted Circuit Association
Indian or administrative discretion 40
41. Investment Policy
• FDI
up to 100% allowed on ‘ Automatic route’ in
manufacturing activities
g
• 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
42. 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.
43. Policy & Infrastructure
The Policy Structure: Duties & Taxes
Item Custom Excise Additiona
Duty Duty/Counter l Duty*
Vailing Duty
g y
Computer Nil 12% 4%
Peripherals-Motherboard, Nil 16% 4%
Monitor, Printer
Monitor Printer, Key Board
Board,
Mouse etc.
Microprocessor Nil Nil 4%
HDD/FDD/CD-Rom Drive/DVD Nil Nil 4%
Drive / Flash Drive
All other Storage Devices Nil 16% 4%
Mobile Phones Nil Nil 4%
Parts and Components of
p Nil Nil 4%
Mobile Phones
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.
Convergence of ServiceIndian(12%) and Excise Duty- these can be offset
Tax Printed Circuit Association 43
agianst each other
44. Policy Initiatives: Special Economic Zones
Law on SEZ
provides policy
• Policy stability
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
export commitments.
t 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
45. Policy & Infrastructure
The Policy Structure: SEZ-the new vehicle for investments
y
Minimum Area for T hardware/Software :
• 10 hectares (10,000 sq. mtrs)
Customs and Excise :
• Allowed to source duty free all capital goods, raw materials, consumabels,
goods materials consumabels
spares, packing materials, office equipment, DG sets etc. without any license
or specific approval .
•D
Domestic sales b SEZ units are exempt f
ti l by it t from Addit
Additonal Duty ( 4% )
lD t
• 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
46. 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:
• Exemption from Service tax Printed Circuit Association
Indian to SEZ units. 46
47. Policy Initiatives: Special Economic Zones
TAX Incentives for SEZ companies
For Developer : Income Tax exemption for a block
of 10 years in 15 years
y y
For units: 100% Income Tax exemption for first 5
years,
years 50% for next 5 years and 50% of the ploughed
back export profits for next 5 years
Exemption from indirect taxes; excise, sales
excise sales,
services tax etc.
Freedom to raise ECB with out any maturity
F d i ih i
restrictions
48. India : Comparative Advantages
•Low wage costs unskilled labor at US$ 50-70 / month and
costs- 50 70
semiskilled between US $ 90-120/month
cheaper than in China, Vietnam Indonesia and
p ,
Thailand.
Wage level expected to be maintained because of
g p
demographic profile.
• Substitution of many capital intensive p
y p processes by labor is
y
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 institutions-
annually 600,000 engineers/ technical manpower added.
49. Conclusion
India Advantage
A very rapidly growing domestic Local Market
market: CAGR 30% +
Global
Gl b l recognition f b k d
iti for back-end
services:
A proven case for IP,
embedded syste s and C
e bedded systems a d IC Profit from
design Local Sales
Attractive for Manufacturing
Investments
Skilled employee base Advantage
Use India for IP
Fast and upcoming modern India and ITeS Services
infrastructure (SEZs) Improve Costs & quality
-New Product development
for Europe & Others
- Engineering services
Proximity to EU and MEA markets
- BPO
Freight Cost; 20% cheaper
than China – Faster delivery Manufacture for Back end Services
and l
d lesser pipeline i
i li inventory
t Exports
India is a great Opportunity
Indian Triple Advantage
- Printed Circuit Association 49
50. Setting up and doing business in India is improving fast
……….
Days to get clearance to start business
Time taken to clear good at the customs,
January 2004
y y
in days
Rus
sian 36 India -00
1 0 .3
Fed
Foxconn/Honhai s
Foxconn/Honhai’s Experience
• Conceputalised India plan- Apr’05,
Chi 44 • First visit to India by CEO – Oct ’05 7 .3
na
• MOW with Tamil Nadu government- Mar ‘’05
• Launching production – Jun ‘ 06
Indi 89
a 9 .9
China
Bra 15 2
zil Brazil 8 .4
Source: World Bank Investment climate Survey
With States competing with each other, many investors find
setting up businessPrinted Circuit Association process
Indian in India quite a quick 50
51. 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
• G t information already available else sponsor syndicate study
Get i f ti l d il bl l di t 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
52. 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
53. THANK YOU
Any
A questions please?
ti 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
54. …..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.
55. The Whose Who
IT Hardware
IT Leaders in India … and indicative list
HCL
Software
HP
INFOSYS
Wipro
Wipro
IBM Telecom
TCS
TVS-E Motorola
HCL R&D
D-link Ericsson ISPs
Satyam TI
ACER Nokia Satyam
IBM Intel Training
Samsung Alcatel VSNL
IBM NIIT
LG Samsung MTNL
Motorola Aptech
Flextronics Siemens BSNL
Wipro
Solectron BPO HFCL Bharti
GE
WeP Wipro- Bharti
Bh ti
Philips
Spectramind Benq
ST
EMS IBM-Daksh ITI
Flextronics WNS Global
Services
Honhai/Foxconn E-Funds
Jabil Circuits EXL Services
Elcoteq 3i Infotech
Solectron
Celestica
S i
Sanmina
Indian Printed Circuit Association 55
56. What
Wh t makes Indian companies unique i
k I di i i is
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 which are able to
p
offer superior products and services at a
much competitive prices as compared to
anywhere else i th world.
h l in the ld
Indian Printed Circuit Association 56
57. SEZ
• The Special Economic Zone (SEZ) policy
has been envisaged to ensure that India
g
enhances its competitive strengths in
international business. The SEZ act of
business
2005, aims to help businesses reduce
costs,
costs improve efficiency and facilitate the
development of core sectors
Indian Printed Circuit Association 57
58. “We had visited several locations in
Why NOKIA the country (India) before zeroing in
on Chennai. Our decision has been
chose Chennai based on three key factors...the pro-
active approach of the state
government, overall development of
the
th area... and th availability of
d the il bilit f
skilled manpower”
Mr. Raimo Puntala
Sr VP, Operations & Logistics,
Customer & Market Operations,
Nokia
Courtesy: Tamil Nadu State
Government
Indian Printed Circuit Association 58
59. “The accelerated de elopment of o r project in Tamil
development our
TAMILNADU Nadu is largely due to the enthusiastic efforts of the
Government of Tamil Nadu.
Chennai Chennai is choice due to the efforts of a transparent
Automobile Map 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 we looked at the
base,
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
factors and Tamil N d really came at th t of th
f t d T il Nadu ll t the top f the
list”
Mr. David E. Friedman, MD & President
Ford India Limited
Indian Printed Circuit Association 59
60. One needs an uncanny acumen
to spot opportunities in India
Indian Printed Circuit Association 60
61. If you succeed in spotting these
opportunities , the rewards are
plenty
Indian Printed Circuit Association 61
