India to become a net exporter of PCB boards by 2022

PCB boards

Indian technological industry is booming on the back of the affordable innovations that have been brought in the market and the way it is shaping Indian economy as a lot of manufacturers have spread their roots in the country to diversify and drive the technology intense assembly and manufacturing of electronic components ranging from PCB’s to LED displays and a host of other arrays that finally get their places in the devices which we use in everyday life. India is set to become a net exporter of PCB’s in 2022 according to the industry data and the research done by CRISIL for the needs of this sector to grow in a fully flourished form.
When the world economy collapsed in 2008 and the world’s economy was in a free tailspin, we had focused on saving the domestic market by increasing consumption and that domestic consumption with the already large user base that India is has shaped the growth story for the country but unfortunately India is staring down the barrel of a stagflation condition that will be hampering to the economy, and it is a phrase that is followed by recession in all major scenarios barring a few where drastic steps and laws are enacted to save the economy from a free fall. The rise in exports will hail India’s objective to avoid stagflation because an ordeal with the global consumption markets ensures a healthy stock of foreign exchange that can be used and repatriated at will for the development and coherent purposes by the country’s administration.

Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

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