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WiMAX Set to Boost India's High-Tech Products Manufacturing Sector
Monday, 24 October 2005
One should not be surprised to find "Made in India" tag on newly bought WiMAX CPE, unlike most of the existing IT hardware.
Global wireless equipment vendors like Nokia, Motorola, Siemens and Lucent are investing heavily in their manufacturing facilities based in India. Not only equipment vendors but the leaders in contract manufacturing and top component suppliers are also having big plans for India.
Taking this lead Singapore-based Flextronics Corp., which makes high-tech products on a contract basis for global wireless industry, recently signed an agreement with the state government of Tamil Nadu in southern India to set up an industrial park and production facility in Chennai, the state capital. What makes this agreement interesting is the fact that the facility will support the manufacturing needs of wireless industry globally.
Today, leading players in the industry see India, due to availability of competent but affordable workers with required industry specific skills (assembling, integration, testing), become a dominant player in global manufacturing industry in near future, supplying quality high-tech wireless products.
Flextronics intends to invest $100 million over the next three years and plans to add about 2,000 more workers in India, over and above existing 5000 people, it currently employs in Indian facilities. The facility will offer services such as plastic injection moulding, assembly, distribution, and logistics repair.
Robust growth in global demand for wireless products, further fuelled by WiMAX unfolding as a big story, can be a big boost to high-tech products manufacturing sector in India, which has been at the sidelines of unprecedented serge in manufacturing sector witnessed by Asian economies like Malaysia, China and Taiwan in past decade.
By - Deepak Pareek
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