archiveDEFTRONICS 2016

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India’s A&D Electronics Market To Grow $72 Bn By 2029

India’s aerospace and defense electronics market is expected to be worth $70-72 billion by 2019 as the country rapidly modernizes its military by embracing new technologies. Nearly $58 billion of the electronics opportunity comes from platform — large systems that have electronic components built as a solution, according to the Defense Electronics and Systems Design Report released by Roland Berger in partnership with industry bodies Nasscom and India Electronics and Semiconductor Association (IESA). “India’s electronics market has been witnessing huge market in Consumer Electronics, Industrial, Communication, Strategic Electronics. Today, the size of...