Information technology (IT) industry has played a key role in putting India on the global map and has over the years emerged as one of the most significant growth contributors for the Indian economy. While the Indian electronics sector has been witnessing a consistent growth in terms of market size, India lags behind in electronics hardware manufacturing capabilities due to myriad challenges including high cost of power and finance, high transactional costs, prevalent tax structure, getting permits & licenses,absence of component ecosystem and poor base of supply chain.