Subscriber Discussion

Where Are The Indian Cameras?

U
Undisclosed #1
Sep 25, 2016
IPVMU Certified

India is now the world's fastest growing economy, overtaking China.

India is projected to have the world's largest population by 2022, also overtaking China.

India's labor costs are $0.92/hr China's are $3.52/hr

China makes alot (ahem) of cameras and security hardware.

Why doesn't India?  

Will they?

 

 

JH
John Honovich
Sep 25, 2016
IPVM

But India lacks an authoritarian government who wants massive government controlled video surveillance system, nor a government that is likely to pump massive investment into infrastructure that includes video surveillance.

U
Undisclosed #1
Sep 25, 2016
IPVMU Certified

Taiwan, Korea?

U
Undisclosed #1
Sep 25, 2016
IPVMU Certified

But India lacks an authoritarian government who wants massive government controlled video surveillance system, nor a government that is likely to pump massive investment into infrastructure that includes video surveillance.

Do think the infrastructure that goes into making smartphones and other electronics/cameras is vastly different than video surveillance equipment?

Also, were you aware that India is now the number one destination of direct foreign investment, surpassing both the United States and China since 2014?

Looking 5 years out, I'm saying India is #2 or #3 in terms of camera production.

Crazy?

(1)
U
Undisclosed #1
Sep 25, 2016
IPVMU Certified

Has India’s electronic manufacturing turned a corner?

India’s electronic imports, which account for 27% of the country’s trade deficit, contracted in January for the first time since April 2014, while electronic exports turned positive for the second consecutive month, which if sustained could change the dynamics of India’s manufacturing and international trade.

In January, electronic imports contracted 2.2% to $3.2 billion, while electronic exports rose 7.8% to $0.5 billion. In November, growth in electronic exports turned positive at 0.66%.

If these data seem one off, consider more proof. Radio, television, communication equipment and apparatus group—which also includes other electronic items, including mobile phones, in the index of industrial production (IIP)—saw positive growth for the third consecutive month and grew at a whopping 82% in December, while cumulatively it contracted 1.2% during the April-December period, signalling a turnaround in October.

M.N. Vidyashankar, president of India Electronics and Semiconductor Association, said local manufacturing of electronic items have picked up with increase in value addition. “Production of LED panels, set-top box and mobile phones has got some traction in recent months. This is a good sign and government’s Make In India initiative seems to be showing results,” he added.

UD
Undisclosed Distributor #2
Oct 23, 2016

All of the Indian stuff I've seen looks like Shenzhen stuff from 5 years ago... Someone is going to have to invest a lot and teach them about the current market on a global level.

When I see products from China that just look cheap and terrible they always say that they're the best sellers in India, Brazil and Russia. That stuff just doesn't fly in the west.

U
Undisclosed #1
Oct 23, 2016
IPVMU Certified

All of the Indian stuff I've seen looks like Shenzhen stuff from 5 years ago...

So in 5 years it might look like Shenzhen stuff today?

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