Huge Opportunities for Indian PCB Manufacturers: K. S. Babu, Secretary, IPCA
18 January 2022: According to a recent market report, the Indian PCB market is expected to grow at a CAGR of about 18% during 2022-2027 to reach a value of approximately USD 7.45 billion by 2026, according to a recent report by Expert Market Research. Against this background, Indian Printed Circuit Association (IPCA) organised their IPCA Expo on December 16-18, 2021, at Bengaluru International Exhibition Centre (BIEC), Bengaluru. The expo was co-hosted with Electronica & Productronica India, organized by Messe Munchen India (MMI).
Commenting on the success of the exhibition, K. S. Babu, Secretary, IPCA, said “The ongoing pandemic has caused a lot of disruptions within the PCB and electronics industry. The industry which is by and large depends on imports, suffered raw material shortage, a steep increase in prices as some of the input materials are not produced in India. So, the expo was a win-win situation for the entire PCB and electronics industry to raise the bar and express solidarity that our industry can withstand the crisis and stay united. Initially, we were not sure whether the expo will be successful, but although the show was restricted to one hall instead of the usual 3 halls, there was very good quality footfall. IPCA Show was the first B2B to restart successfully after the 2 years gap owing to COVID-19 with all the support from the industry and the government.”
As an association, we are happy that the Ministry of Electronics and Information Technology, Government of India, has come out with many projects to boost the Indian electronics industry which in turn will give huge opportunities to PCB manufacturers. For example, the Productivity Linked Incentive (PLI) schemes.
“We are urging the government to focus on MSMEs and put Rs. 25 crore cap to cover the scheme so that most small businesses get benefits from the scheme. As an association, we had introduced the Start-up Pavilion in the IPCA 2021 to encourage small entrepreneurs in our industry. We had offered smaller exhibition spaces to the start-ups,” says Babu.
Simple electronics contain a single layer of PCBs, complex and sophisticated hardware includes multiple layers that can be up to twelve. PCBs are commonly used in a wide range of industries for several applications, including computers, television sets, automotive, toys, cell phones, digital cameras, laptops, game consoles, medical equipment, LED lighting, and other industrial machines.
IPCA, the representative association of Printed Circuit Board (PCB) manufacturers and allied industries, has been promoting the Indian PCB Industry since 1985. IPCA organizes an annual exhibition for the manufacturers and traders of the PCB industry. IPCA undertakes a wide range of activities across its four zones in India in the interest of its members as well as the Printed Circuit Board (PCB) & Electronics industry overall.
The constructive steps taken by the Government of India provides impetus to domestic consumer electronics production units. Many initiatives, including ‘Made in India,’ ‘Digital India’, and the National Policy on Electronics, have led to a major increase in the demand for PCBs from domestic producers.
Babu concludes “I feel in the coming years, India can be self-reliant in electronics and does not have to depend on imported raw materials to finished products, and MSMEs have a greater role to play and make the Atma Nirbhar Bharat mission a reality. COVID-19 pandemic has inspired the Indian industry to develop indigenous products and not to get bugged with imports from China syndrome. This is an opportune time for India and we should not miss the bus. As a result of the incentives being offered by the Government, there is optimism in the air. This is a golden opportunity for the Indian industry to join the ‘Make In India’ campaign a true success. And we are eagerly awaiting to host IPCA Expo along with electronica India on September 21-23 at Greater Noida.
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