BWI: Elcoteq SE to Introduce its Electronics Manufacturing Services in India at ELECTRONICS NEXT INDIA 2010

Press release from Business Wire India
Source: ELECTRONICS NEXT INDIA 2010
Tuesday, February 09, 2010 03:32 PM IST (10:02 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Media & entertainment; Technology
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Elcoteq SE to Introduce its Electronics Manufacturing Services in India at ELECTRONICS NEXT INDIA 2010
Electronics Next India 2010 to Witness Exclusive Participation from the Global Life Cycle Service Partner for high-tech Product and Service Companies

New Delhi, Delhi, India, Tuesday, February 09, 2010 -- (Business Wire India) -- Elcoteq SE, a prominent Electronics Manufacturing player will introduce its electronics manufacturing services in India at ELECTRONICS NEXT INDIA 2010 later this month. Elcoteq SE has a proven track record to support its customers in manufacturing products which comprise Consumer Electronics devices such as mobile phones and their accessories, set-top boxes, flat panel TVs, as well as System Solutions products such as infrastructure systems, modules and other industrial segment products. Elcoteq maintains a comprehensive and consistent global service network close to its customers and the end markets of their products and has a facility in Bangalore to support the customers in the whole life cycle services.

Sharing his views on EMS and the opportunities for India in the Global Electronics Industry, Mr. Sukhvinder Kumar, General Manager of Elcoteq Electronics India Pvt. Ltd. said: "Elcoteq's local sourcing competencies offer an excellent domestic supplier base for localization in India and can set up customized supply chains to ensure an optimized total cost of ownership of your product value chain."

Elcoteq had recently announced that it will provide Nokia's customers with After Market Services for their Nokia devices. Professionals from Elcoteq's Group organization and Bangalore plant will be available during ELECTRONICS NEXT INDIA 2010. Elcoteq's representatives will also speak in the panel discussion and in two specific Elcoteq seminars. In the first day of seminar on February 24, Mr. Patrik Ahgren, Vice President, APAC Sales and Business Development of Elcoteq, will describe ways to optimize total cost of ownership by outsourcing to India. On February 25, Mr. Yogesh Sarin, Supply Chain Manager of Elcoteq Electronics India Pvt. Ltd. will illustrate the importance of localization in India and share Elcoteq's practical experience in developing the local supply chain.

"We are happy to welcome Elcoteq SE to India, and we look forward to all the OEMs and Brands to maximize this opportunity and visit Elcoteq SE booth at ELECTRONICS NEXT INDIA 2010" said Mr.Rajeev Chawla, Senior Vice President, Images Exhibitions, the organizers of Electronics Next India 2010.

Like other emerging markets, India offers several features that have attracted the attention of companies like Elcoteq. The demand in the Indian market is growing rapidly and investments are flowing in to augment manufacturing capacity. India however remains a major importer of electronic materials, components and finished equipments in recent years. The domestic production of electronic goods is currently worth $20 Billion in the country and has the potential to reach $ 85 billion by 2014 according to industry estimates. ELECTRONICS NEXT INDIA 2010 aims to address the palpable need of the industry in India by giving the much needed exposure to showcase the best of innovations in technology worldwide. This exhibition will bring about positive vibes in the industry by bringing the buyer and seller together on one platform thus opening up new opportunities for displaying one's product, throwing open new avenues for networking and gaining new business leads.

ELECTRONICS NEXT INDIA 2010 is likely to attract more than 10,000 trade visitors and over 500 participating companies from India and abroad. This most eagerly awaited comprehensive international exhibition will enable visitors and participants to network and seize business opportunities that can be put into action and prepare them for the next era of growth.

The maiden edition of the 3 day International Exhibition and Conference on Electronics Manufacturing Services, will open at Pragati Maidan, New Delhi from 24-26 February, 2010. ELECTRONICS NEXT INDIA 2010 which is supported by the Electronic Industries Association of India (ELCINA), Indian Printed Circuit Association (IPCA), MAIT, TEMA, CEAMA among others will be a holistic event covering the entire gamut of the Electronics Manufacturing Industry in India. The event has participation from leading organisations like West Bengal Electronics Industry Development Corporation Limited (WEBEL), European Crystal Organization, Ruff GmbH, Bergen Systems India Private Limited and many more.

Ernst &Young has projected that India can target a share of 1% in North America, 2% in Western Europe, 4% of Asia and 5% of Rest of the World of the Electronics Manufacturing Services market. Thus India can target 2.2% of the world-wide electronics EMS market of US$497 Billion by 2010 which works out to a potential of US$11 Billion.

About Images Exhibitions:

IMAGES Exhibitions is part of the IMAGES Group. Headquartered in New Delhi, IMAGES Group is India's largest specialty multimedia organization, operating through a multi-channel approach encompassing media -- both print and digital, sector-specific business events and research and intelligence. Images have offices in New Delhi, Bengaluru, Kolkatta, Mumbai and Düsseldorf to be able to serves its customers better. IMAGES Exhibitions is a specialized trade exhibitions outfit providing an array of integrated marketing solutions in a variety of sectors including Electronics, Fashion, Jewellery, Footwear, among others. It reaches a coveted network of over a million industry professionals through its extensive database and trade exhibitions. True to the mission of bridging the gap between buyers and sellers, it delivers results through focused and highly targeted trade exhibitions.


CONTACT DETAILS
Ranjeeta Jagdala, Communicators India On behalf of Images Exhibitions, +91 9871927845, +91 (11) 26184642, communicatorsindia.media@gmail.com
Kasturi Nath, Communicators India On behalf of Images Exhibitions, +91 9871927845, +91 (11) 26184642, communicatorsindia.media@gmail.com

KEYWORDS
PEOPLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, MEDIA, TECHNOLOGY

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