Friday, December 27, 2013: For the first time in India, Electronics Bazaar presents the ‘Top 100 Electronics Hardware Companies’ in the country. Earlier, whenever rankings of electronics companies have been done in India, the consumer electronics and IT firms have hogged the limelight. Although electronics hardware companies in India are doing quite well considering the hurdles they have to cross at every step—whether it means buying components at a higher cost or fighting against the high volume of electronics imports—somehow, the consumer electronics and IT companies steal the show, in the rankings game. Hence, Electronics Bazaar has decided to keep the consumer electronics companies and the IT hardware companies out of these rankings, and concentrate purely on the core electronics hardware firms.
Another significant decision has been to include all the companies dealing in electronics hardware — the manufacturers, dealers, distributors, systems integrators, etc. Again, this is the first time that the dealers and distributors of electronics hardware have been included in a ranking along with the manufacturers. This feature will become a regular annual affair from now onwards.
Performance scenario
Overall, the companies performed well as, out of 100 companies, 81 have reported profits. The ranking includes companies from various verticals like automation, batteries, cables, components, PCBs, power electronics, security and surveillance, test and measurement, semiconductors, solar and telecom hardware.
Methodology
This list of the Top 100 companies was compiled using revenue figures sourced directly from the companies or their balance sheets published on websites like the Bombay Stock Exchange and the MCA. The consolidated revenue for the previous financial year was taken. As gross turnover may not be the ideal reflection of a company’s performance, efforts have been made to provide profit/loss figures as well.
For the full report, read Electronics Bazaar January 2014 issue. You can subscribe to it at http://electronicsforu.com/electronicsforu/subscription/subscr1.asp?catagory=india&magid=56#
