CHENNAI, INDIA – The EMS Alliance, a group of multinational electronics manufacturing firms, said the size of India's electronics industry is currently at $25 billion and thinks it will grow 36% in the next two years.

It also forecasts its member revenues from India to rise to $2 billion, a 39% increase in just two years.

The consortium is planning a major manufacturing base in India to focus on the local electronics market.

According to the government, consumer electronic production for 2006 through 2007 was almost $5 billion, a growth rate of about 10% year-over-year, with CE accounting for 35% of total electronics hardware production.

 

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