Synopsis
Industry experts emphasize the critical role of industrial electronics in achieving India's $500 billion manufacturing goal and leading the Industrial Revolution 4.0, calling for urgent policy reforms and investments in R&D.Key Takeaways
- Industrial electronics is crucial for India's manufacturing ambitions.
- The sector contributes 20% to current electronics production.
- Urgent policy reforms and investments are necessary.
- India has the potential to become a global hub for industrial electronics.
- AI and automation are key to future manufacturing success.
New Delhi, March 21 (NationPress) Industrial electronics, accounting for 20% of India’s present $150 billion electronics output, is poised to position the nation at the forefront of Industrial Revolution 4.0 and achieve its ambitious $500 billion manufacturing target, as noted by industry experts on Friday.
This sector is no longer merely an option; it has become a necessity. With strong policy initiatives, substantial investments in R&D, and a thriving domestic ecosystem, India can transform obstacles into significant advantages, establishing itself as the global center for industrial electronics, experts asserted during the ‘Convergence India 2025’ event.
“Industrial electronics is the backbone of worldwide manufacturing. The period for cautious approaches has ended—this is a pivotal moment. We must cultivate deep competencies in AI-driven automation, invest in state-of-the-art R&D, strengthen our supply chains, and implement transformative policy reforms,” remarked Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA).
The next ten years will be crucial in determining whether India evolves into a global industrial electronics leader or remains reliant on assembly-based manufacturing, Mohindroo further stated.
Industrial electronics serves as the foundation for next-generation manufacturing, encompassing AI-enhanced robotics, factory automation, automotive electronics, medical devices, and advanced power systems.
K.N. Sreekumar, Head of Digitalisation, Sustainability, and Smart Infrastructure at Siemens, emphasized that India has a limited opportunity to excel in industrial electronics manufacturing.
“Closing the gap between R&D and industry, speeding up technology adoption, and ensuring regulatory simplicity will be essential. We must take action immediately,” he stated.
Dilip Sawhney, Managing Director of Rockwell Automation India Pvt Ltd, urged for quick and decisive action, asserting that India possesses the talent, demand, and policy support necessary for the upcoming wave of industrial automation.
“The issue is not whether we can achieve this—but whether we can act swiftly enough. The global market is changing quickly, and we must capitalize on our opportunities before others do,” Sawhney concluded.
As India strives toward its $500 billion electronics manufacturing goal, industry leaders collectively concurred that the pivotal factors driving this transformation will be policy reforms, increased investments in R&D, and a skilled workforce.
