India Electronics
The Indian engineering sector is large and varied and provides around 12 percent of India's exports in the mid-1990s. Two subsectors, electronics and motor vehicles, are the most dynamic.
Indian electronics companies benefited from the economic liberalization policies of the 1980s, including the loosening of restrictions on technology and component imports, delicensing, foreign investment, and reduction of excise duties. Output from electronics plants grew from Rs1.8 billion in FY 1970 to Rs8.1 billion in FY 1980 and to Rs123 billion in FY 1992. Most of the expansion took place in the production of computers and consumer electronics.
Production of Computer in India rose from 7,500 units in 1985 to 60,000 units in 1988 and to an estimated 200,000 units in 1992. During this period, major advances were made in the domestic computer industry that led to further sales.
Consumer electronics in India account for about 30 percent of total electronics production. In FY 1990, production included 5 million television sets, 6 million radios, 5 million tape recorders, 5 million electronic watches, and 140,000 video cassette recorders.
A similar expansion occurred in the Indian motor vehicle industry. Until the 1980s, the government considered automobiles an unnecessary luxury and discouraged their production and use. Production rose from 30,000 cars in FY 1980 to 181,000 cars in FY 1990.
The largest company, Maruti, which is publicly owned, exports some automobiles to Eastern Europe and to France and became a net foreign-exchange earner in FY 1991. The production of other motor vehicles is also expanding. In FY 1990, India produced 176,000 commercial vehicles, such as trucks and buses, and 1.8 million two-wheeled motor vehicles. Following the government's abolition of the manufacturing licensing system in March 1993, British, French, German, Italian, and United States manufacturers and firms in the Republic of Korea (South Korea) announced they would join Japanese and other South Korean companies already operating in India in joint-venture passenger car production in 1995. The growth of the Indian middle class sustains such industrial expansion and is forcing old-line domestic companies, such as Hindustan Motors, to become more competitive.
India electronics industry 1995 LOC data
India facts Indian Flag Indian National Anthem Vande Mataram National Flag of India National Emblem of India National Animal of India National Bird of India National Tree of India National Flower of India National Fruit of India Taj Mahal india map Festivals of India Indian monuments Political parties in India Education in India schools in India Colleges in India History of India Travel to India Climate of India india geography Indian Freedom fighters History of India
economy of India india economy growth India economic policies poverty in India Indian Budget India finance sailboats wholesale suppliers wholesale furniture motorcycle trailers shower curtains tractor supply import cars foreign aid india india trade foreign exchange india jobs in india india industry indian textiles India steel
Amazing Facts Outdoor games Homework help Solar system Optical Illusions JOKES Wonders of the world Funny quotes Tongue twisters Baby Poems India Flag Festivals of India Indian monuments Schools of India Indian national anthem Baby Name Indian History of India Indian Baby Names Indian fashion Indian Parenting Hindi ringtones Bollywood ringtones Nokia hindi ringtones Siemens hindi ringtones Ericsson hindi ringtones
Copyright 2000.Indianchild.com. All rights reserved. No Content from our pages can be used/copied/downloaded for any use/publication/website in whatsoever manner without our written permission.