The demand for electronic devices is expected to rise from 80 billion US$ in 2012 to 400 billion US$ in 2020. Yet, the demand of around 60 to 70% is met mainly by imports, which are rising much faster than the local production. The new government wants to expand the existing support program in order to make the underdeveloped electronics industry more competitive. The main focus is the establishment of production clusters, research and development, in particular, with the collaboration of foreign investors. Commitments amounting to Rs 146 billion have been announced.

Contact details

Mr. B. S. Srinivasan
bssrinivasan@lubkarnataka.org
9845020983