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. |