BANGALORE– Despite the disparity between low production and high consumer demand, India shows high business potential for the PCB industry.
The country has about 60 mid- to large-size PCB factories that produce approximately $300 million worth of PCBs per year. The total domestic consumption of PCBs is estimated at nearly $2 billion.
China is the major importer, with a cost 15% to 20% cheaper than domestic products. Stringent environmental regulations and bureaucratic red tape, as well as high custom duties and difficulties with licensing, have contributed to the slow growth in this manufacturing sector