I am personally very happy, excited and motivated to see a renewed interest in the Professional circles about growth of this business, recession and gloom not withstanding past year or so. This sedate and low profile Industry is getting lot of ink in the Press which is all very well. So far so good, the only caveat is all these market figures and projections are indicating exuberance from nouveau experts trying to hype these things up. Our submission to all T&M professionals and Entrepreneurs remains is please take the hard data into account and then guestimate market size more rationally.
However next obvious question is which data is MORE authentic? I will go to the very basic data from the Government Department of IT and Electronics. Just see the two macro figures of Export of Electronics and Domestic Production standing at $4 Billion and $20 B respectively. Peg these figures to sum total of T&M business done by all major T&M companies Beyond these two blocks Services in Defense, Telecom, Railways, Broadcasting and Semiconductors are other top T&M consumers. I sincerely believe this may be a newer and more rational basis of estimating T&M equipment market in India as we see the pie growing by approx 20pct over next three years.
Will appreciate comments and critique on this.
Monday, December 14, 2009
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