India could export Rs 8 trn worth motherboards in 2021-26: Report

 


India has potential to export motherboards, technically called printed circuit board assembly(PCBA), worth up to Rs 8 lakh crore (Rs 8 trillion) between 2021-26, mobile devices industry body ICEA and EY said in a joint report.

However, in the absence of government incentives and subsidies the export potential will be around Rs 29,500 crore during the five year period, the report said.

India Cellular & Electronics Association (ICEA) Chairman Pankaj Mohindroo said the government is required to realise the cumulative export potential of Rs 8 lakh crore by 2026.

"If support of 4-6 per cent on exports of PCBAs can be provided, by 2025-26, the cumulative PCBA export for India can be about USD 109 billion (over Rs 8 lakh crore). However, if no support is offered, the export is estimated to dwindle to USD 4 billion (around Rs 29,500 crore)," the report said.

PCBA forms the base of electronic products.

Mohindroo said the current size of PCBA industry in India is around Rs 2 lakh crore and it is expected to reach Rs 6.4 lakh crore during 2021-26.

The National Policy on Electronics 2019 (NPE) envisages electronic manufacturing turnover of USD 400 billion (Rs 26 lakh crore at the time policy was approved) by 2025, out of which USD 190 billion (Rs 13 lakh crore) is expected to come from the mobile phone segment.

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