Global electronics companies create the next wave of outsourcing from India
Media Release
Sep. 14, 2008

A rapidly growing consumer electronics market in India has prompted many leading manufacturers of the world to seek local partners to set shops in the subcontinent.

Those eying to enter the Indian market in a big way include Japanese testing firm Saki, Hong Kong’s surface mount technology (SMT) company WKK, Singapore’s Mydata (SMT) and USA’s Indium (solder paste).

According to the Consumer Electronics Association, global consumer electronics revenue is projected to grow by almost 10 per cent in 2008 to reach $700 billion. Interestingly, this projection has been made in the face of rising oil prices globally, accelerating inflation in both China and India and a gloomy US economy.

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