Tyco wins the award for best IT exporter

NEW DELHI: Tyco Electronics Corporation, India, has been recognized as a

distinguished IT exporter by MAIT - the apex body representing hardware

manufacturers and IT service providers. The award was given away by Rajiv Pratap

Rudy, Minister of State for Commerce and Industry at a function held on June 14,

2002 at The Indian Habitat Center, New Delhi.






The company has bagged the award for excellence in exports in the hardware
category. On this occasion, Tyco Electronics Corporation, India, MD Samir

Inamdar said, "We are delighted to receive this prestigious award in

recognition of our contribution to Hardware Exports. I also think that our

success proves that electronic Hardware manufacturing in India can be globally

competitive. With some more support and focus from the government, I am sure the

Indian electronic hardware industry can be a strong partner to the Indian

software industry in maintaining and growing its leadership position in the

world market."

Sound bytes from the speech by Rajiv Pratap Rudy, minister of state for

commerce and industry, delivering the inaugural address at the annual

Manufacturer's Association of Information Technology (MAIT) conference in Delhi.






- As in the technology space there is nothing like missing a bus…
opportunities will keep coming and going, but it is for us to be at the right

time and the right place…






- "There are pockets like Pondicherry, Goa, Mumbai etc that have emerged as
the preferred choice for IT manufacturing owing to their proximity to

international airport and seaport and can be developed as manufacturing

zones."






- In contrast to many newly industrialized economies, the Indian electronics
hardware industry derives most of its revenue from the domestic market. The

Indian industry’s domestic market orientation has led to low growth

capacities, low levels of operation and hence lack of exposure to truly global

competition.






- A successful hardware and software sector and its application in all our old
economy sectors can give us a competitive edge in the old economy sectors also.

Thus IT can be the driving force of the economy.






- Unlike the software industry, IT hardware sector creates job opportunities for
semi-skilled people as well, which is an opportunity India can ill afford to

overlook.






- It is my observation that for far too long, the hardware industry in India has
remained focused on pushing matured products… we need uniquely-Indian

solutions for uniquely-Indian needs, and then this could then also open doors to

markets and economies similar to ours, practically the entire third world.






Some Vital Statistics


- IT and electronics goods export currently account for around 47 per cent of
Singapore’s GDP and 65 per cent of that of Malaysia. IT accounts for 8.3 per

cent of the GDP of the US economy. In India, it is marginally over 1 per cent of

the GDP.






- Hardware is the single largest job creator in Taiwan and in the US close to 6
million jobs were in the hardware and associated services in 2001.






- A recently concluded MAIT and Ernst&Young study reflects that the Indian
hardware industry has the potential to reach a size of $62 billion by 2010, with

the domestic market accounting for $37 billion, and exports accounting for

another



$25 billion. According to the report, major export opportunities are in the
areas of innovative new products, contract manufacturing (OEM and ODM) and

design services. Export of components offer an opportunity of $5 billion, while

that of design and related services in embedded systems and wireless

telecommunications systems $7 billion, by 2010.






- The size of the contract manufacturing industry is expected to be over $500
billion by 2010 (from $103 billion in 2000). India has the potential to grab a

2.2 per cent of the global electronics contract manufacturing market by 2010, a

$11 billion. Potential areas for contract manufacturing would be PCB assembly,

cable harness assembly, product assembly and testing, power supplies and

semiconductor assembly.

S Devarajan has taken over from Vinay Deshpande as the new president of the

Manufacturing Association of Information Technology (MAIT). Devarajan is

currently the vice president and head of Cisco India Global Development Centre.