Abstract:

With the conducive environment made by the Government of India to promote auto electronics market in India and the increasing demand for auto electronics we expect more global auto electronics manufacturers to invest in India.

India has received investment proposals worth over INR 1.1 trillion (USD 18 billion) in Electronics space since the start of “Make in India” campaign. In current scenario electronics for Auto application are predominantly imported and there is a constant rise in its trade imbalance. Lack of a component ecosystem is the major hindrance in the growth of indigenous auto electronics market in India. Growth of Auto Electronics in India is possible only when ACMA members and Government take some initiatives with clear focus on long term plans. Government and ACMA should aim at holistic development of the Auto Electronics industry by filling up all the gaps in the electronics ecosystem.