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The demand for PCB in India will increase by 30% every year in the next five years

 

According to the forecast of the Ministry of science and technology of India, the annual demand for printed circuit boards in India will increase by 30% every year in the next five years.

 

At present, the demand for printed circuit boards in the Indian market is about 500million US dollars, but it can only provide about 250million US dollars, so it is in a serious state of short supply. Due to the small number of overseas enterprises planning to invest in establishing PCB production plants in India, about US $330million must be invested in order to achieve a balance between supply and demand of PCB in the future. The Indian Semiconductor Association (ISA) believes that at present, due to the bankruptcy of printed circuit board manufacturers in India, many manufacturers hope to meet India's growing demand for the printed circuit board market in the future by establishing new printed circuit board design centers and expecting the government's incentive policies for the mass production of printed circuit boards.