The Indian laser market – your opportunity


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India is emerging as a technology hub with its expertise in telecommunications, electronics, manufacturing, automotive and ancillary segments.

The Indian Laser Market: Impressive figures
  • The Indian market for photonics is witnessing high growth also due to rising automation and development of new applications*.Indian is one of the fastest growing economies, with an expected economic growth rate of 7,4% in 2019.
  • The Indian government has identified Photonics as a priority area (National Photonics Council, Department of IT).
  • Indian is the best ranked country in the South Asian Region in the Easy of Doing Business Report 2019 after having jumped up 53 ranks in the past two years.
  • The Indian market for photonics is witnessing high growth also due to rising automation and development of new applications*.
  • The Indian laser industry is expected to grow at 19%CAGR to 1 billion EUR by 2020**.

Source: *Outlook and opportunities 2020: Laser in India by EAC International Consulting
**India Photonics Market: 2017 Study by Industry ARC and SPECTARIS

 
 
 
  • LASER World of PHOTONICS INDIA