Defence Electronics Market in India

World electronics production has seen an exponential increase. Telecom and data processing equipments are the two largest segments accounting for 25%, and 21%, respectively, of the total world electronics production in the year 2008. Industrial and medical electronics accounted for 18% share, and audio-video equipments accounted for 15% share in world production of electronics. Automotive (8%), aerospace & defence (7%), and home appliances (6%) are other sub-sectors in electronic production.As per the Exim Bank of India strategic electronics has become one of the important areas in the electronic industry due to the criticality of the technology development targeting two aspects, viz., a) the technology applicable to the strategic sector, like defence purposes; and b) the emerging state-of-the-art technology in the civilian applications.…………….Please Log in or Subscribe to view full details…..



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