EPIC NEWS
ANALYSIS AND OPINION REMEMBERING PROFESSOR BRYAN TOZER BSC PHD CENG CPHYS FIET FINSTP EPIC NEWS
News from EPIC By Carlos Lee, Director General
www.epic-assoc.com
Is India’s photonics sector flourishing? Should European companies give it more attention?
A
fter I attended Laser World of Photonics India, I returned with
excitement, but also more questions than answers... What changes did I notice since my previous visit, back in 2019, pre-pandemic? I was thrilled to discover
Remidio, an ophthalmic screening and diagnosis company based on photonic solutions. The technology is developed in India and sold worldwide. I also heard from many optics design software companies that their sales in India are increasing, which could signal more photonics- based products coming on the market soon. These are just some of the anecdotal stories I can share during many company visits and discussions I had while I was out there. But looking at the bigger picture, many are curious as to how the current global value-chain dynamics and geopolitical tensions with China could positively affect photonics investment in India. Is the country emerging as
an attractive alternative for manufacturing? I have met many companies looking to reduce their reliance on China as a manufacturing hub, but they are also considering Thailand, Vietnam, Malaysia and other South-East Asian countries. The Indian government has undertaken significant initiatives such as ‘Atmanirbhar Bharat’
36 Electro Optics October 2023
EPIC is pleased to support Messe Munich, the organiser of the Laser World of Photonics in Europe, as well as China and India
(self-reliant India) to promote domestic manufacturing and attract foreign investments. The ‘Make in India’ programme, initiated in 2014, aims to boost manufacturing in India and establish the country as a global manufacturing hub. There are positive signs, such as back in 2021, when KLA announced the opening of two important facilities in Chennai and, earlier this year, Micron Technology announced an investment of more than $800 million for a new semiconductor assembly and test facility in Gujarat. But India rejected a proposal from BYD and Megha Engineering and Infrastructures to invest
$1 billion to build an electric vehicle and battery factory in India, and will Foxconn build or not build a factory in India? Being the most populated
‘These trends could present business opportunities for European photonics firms looking to expand their global footprint’
country in the world is not enough to make a region attractive for EPIC members. It’s the markets and technology that matter! It would be worth investigating more deeply if indeed the telecom
sector in India is surging with increasing demand for high-speed data transmission, optical networking, and high- quality laser devices. Is the Indian healthcare industry also harnessing photonics for advanced diagnostics and medical imaging? The country’s defence sector seems to be actively seeking cutting- edge photonics applications for surveillance, security, and defence. These trends, if confirmed, could present business opportunities for European photonics firms looking to expand their global footprint. EPIC continues exploring markets worldwide for its members. EO
@electrooptics |
www.electrooptics.com
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