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Today, total electronics sector comprising of
industrial and consumer electronics, shows positive
growth especially in later sector.
The demand for industrial electronics products
such as AC/DC drives, SCADA, PLC, DCS etc. is
reduced as the same is directly related to the
developments taking place in the core sector industries
such as steel, cement, petro-chemicals/refineries,
textiles, paper mills etc. and the growth in these
core sectors continues to be low since past few
years. The existing demand is mostly on the account
of process improvements in user industries. (Energy
Conservation, replacement markets etc.) Value
added services such as application engineering
and software, system integration etc. are the
key competence areas of the industry. |