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CIPSA-RIC To Build New Plant |
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Written by Margo Lakin
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Thursday, 04 September 2008 |
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BANGALORE– To meet the increasing domestic and export demand, CIPSA-RIC has commissioned a PCB manufacturing plant to be constructed on 12 acres in Tumkur, India. The plant will employ 1,000 workers and will produce double-side, single-side and multi-layer PCBs. The company hopes to achieve $50 million in exports by 2010 and be able to compete with China in the global market by supplying shorter delivery cycles and better prices. Currently, India’s domestic consumption of PCBs is reported at $2 billion, with a production capacity estimated at $300 million—indicating potential for import-substitute manufacturing.
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