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High cost of power and finance coupled with a duty' regime for import of electronic components is hampering the growth of the Indian electronics manufacturing industry,[url=http://giuseppezanottichainsandals.olimx.com/][b]discount giuseppe zanotti sandals[/b][/url], based on a digital Industries Association of India official.
Cost of power in India is around Rs 8 per unit compared with Rs 2.50 in countries such as China and Taiwan that are major suppliers of electronic components. Similarly,[url=http://woolrichoutletdeutschland.halod.com/][b]Woolrich Damen[/b][/url], finance is available at 4 per cent in China whereas it is 12.5 per cent in India ,[url=http://peutereyoutletitaliaonline.olimx.com/][b]http://peutereyoutletitaliaonline.olimx.com/[/b][/url], based on the association's president, Mr Robert John,[url=http://duveticadoudoune.halod.com/][b]Duvetica Pas Cher[/b][/url], who's also the CEO of Amphenol Interconnect India.
The lowering of customs duty for electronic components to 8 percent over a period of time,[url=http://rogervivierheelssale.webstarts.com/][b]roger vivier heels online[/b][/url], from a a lot of 16 percent makes it cheaper to import components than buy it from local manufacturers. While a Chinese component manufacturer gets 33 per cent on roi due to government support by means of refund of investment cost,[url=http://monclerjackenonlinech.albirank.net/][b]Moncler Weste Billig Österreich[/b][/url], his Indian counterpart gets only 11 percent. possess a disadvantage of nearly 10 % over our Chinese and Taiwanese competitors, he told newspersons.
Lack of level arena is discouraging investments in the manufacture of components/parts that need high and long-term investment. Due to government support,[url=http://woolrichparkaschweiz.albirank.net/][b]Woolrich Parka Schweiz Online Shop[/b][/url], you will find nearly 1,000 capacitor manufacturers in China compared with six-seven in India, he explained.
The association estimates by using the present market rate of growth close to 25 per cent per year,[url=http://parajumperssalenorge.albirank.net/][b]Parajumpers Jakke[/b][/url], the total interest in electronic components, products and equipment should touch around $400 billion within the next 10 years in the present $125 billion.
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