The India Cellular & Electronics Association (ICEA) announced on Wednesday the formation of a high-level committee to increase production & exports in the IT hardware (laptop/tablet) sector, as the government increases its emphasis on domestic IT hardware production.
HP India Managing Director Ketan Patel will lead the group in developing a strategy to attract substantial investment toward the goal of making India a worldwide leader in the IT hardware device, part, & design ecosystem by 2026.
Patel claims that the global market for personal computers and tablets is worth around $230 billion, making it crucial to establish economies of scale in order to establish a long-term manufacture base in India.
“I wish to prepare a concrete IT manufacturing roadmap for the next five years with desired outcomes regarding employment, contribution to GDP, and possible value additions,” he said, with their interactions with the govt. has already been highly encouraged in this way.
The Electronics & IT Ministry chose 14 companies earlier this month to participate in the country’s Production-Linked Incentive (PLI) program for making IT gear. As part of the incentive program, global powerhouses Dell, Wistron, Rising Stars Hi-Tech (Foxconn), & Flextronics were chosen as contract manufacturers.
Lava International Ltd., Dixon Technologies (India) Ltd., Infopower Technologies (JV of Sahasra and MiTAC), Bhagwati (Micromax), Neolync, Optiemus, Netweb, Smile Electronics, VVDN, & Panache Digilife are the Indian companies chosen for the program.
The ICEA has held extensive talks with major brands including HP, Dell, Apple, Wistron, Flex, & Foxconn as well as their Electronics Manufacturing Services (EMS) suppliers to determine how to best reimagine the IT manufacturing market.
“The world’s top EMS companies are already in India and Indian companies are also learning to build electronics products for leading global OEMs. At ICEA, we are determined to make India the next global hub for electronics manufacturing in partnership with the government,” said the Chairman, ICEA, Pankaj Mohindroo.
The IT Hardware team by the ICEA comprises potent brands & EMS firms like HP, Lava, Dell, Foxconn, Wistron & Flex.
“Lava is tying up with a significantly large global EMS company, which would bring the desired skills and scale” Mohindroo said.
