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A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystalsread more...

Searching for the best TFT LCD module manufacturers in India? Well, that is admittedly a daunting task. With the growing number of TFT LCD display suppliers and manufacturers, it’s truly hard to pick which ones are reputable and which ones are not.

STONE Technologies is a proud manufacturer of superior quality TFT LCD modules and LCD screens. The company also provides intelligent HMI solutions that perfectly fit in with its excellent hardware offerings.

STONE TFT LCD modules come with a microcontroller unit that has a 1GHz Cortex-A8 CPU. Such a module can easily be transformed into an HMI screen. Simple hexadecimal instructions can be used to control the module through the UART port. Furthermore, you can seamlessly develop STONE TFT LCD color user interface modules and add touch control, features to it.

Becoming a reputable TFT LCD manufacturer is no piece of cake. It requires a company to pay attention to detail, have excellent manufacturing processes, the right TFT display technology, and a consumer’s mindset.

Hence, we’ve rounded up 7 famous and reputable Indian LCD module manufacturers. These companies all produce quality display and screen-related products such as:

Videocon Industries Ltd is a well-known Indian manufacturer of TFT display modules, color TVs, home appliances, and consumer electronics. Videocon is a large company based in Mumbai, India.

Videocon has several manufacturing plants across different countries. It also boasts of several brands under its name, including Videocon Telecom, DigiWorld, Next, and Planet M.

The company takes pride in being India’s pioneer in color TV production and retail. Before the advent of the TFT display module, Videocon has been the world’s third-largest picture tube (CRT) manufacturer.

Videocon is popular for its high-quality products. Videocon manufactures an LCD display screen for LCD TV sets. A lot of Indians trust Videocon’s television sets.

Videocon assembles and manufactures their TFT LCD module products in world-class factories. The company’s main factories are in India. However, they also have manufacturing plants in Mainland China, Mexico, Poland, and Italy.

All of Videocon’s TFT LCD display products passed strict quality control checks. Testing is done throughout the entire manufacturing and assembly process. Furthermore, quality checks are done from the raw materials phase until the products’ release.

Videocon’s TFT display screens and TVs are affordable of good quality. The company knows how to manufacture quality TV sets at pocket-friendly prices since it is a pioneer in the Indian color TV industry.

Videocon’s mobile phone range is equipped with the latest touch LCD display technology. Smartphones are assembled in the company’s TFT touch screen factory. Hence, customers are ensured of high-performance mobile phones with a crisp touch screen LCD display.

To sum it up, Videocon Industries Limited is a strong TFT LCD display manufacturer. The company’s quality manufacturing plants, good end-products, and affordable prices make it among the famous TF LCD manufacturers in India.

Teronix is an Indian electronics company based in New Delhi. It specializes in TV sets with LED and LCD screen module technology. The company also offers a range of smart mobiles and power banks.

Teronix has been in the electronics industry since 2017. But the company has proven that it has what it takes to be a reputable LCD manufacturer in India. Teronix has risen to popularity among Indian consumers because of the following qualities:

The company’s products are all high-quality and durable. Teronix sees to it that its range of smart LCD and LED TVs, along with their other products, reach their customers in good condition, and perform at their best all the time.

Teronix knows that good quality LCD module and other electronic parts are the cores of high-performance products. Hence, their assembly and product research units are stocked with the latest technology to produce the best possible products. Furthermore, Teronix’s research and assembly hubs are strategically located in Delhi.

BPL Limited is a recognized Indian leader in health care equipment and consumer electronics. The Bangalore-based company operates business groups which include:

The company started manufacturing televisions and telecom equipment in the 1980s. BPL joined forces with Japanese company Sanyo in 2006 to strengthen BPL’s consumer electronics brand, including TF-LCD display products and color televisions. The joint venture ended in 2007, leaving BPL to focus on its healthcare equipment sector.

1.  BPL takes pride in its superior-quality television sets. The TVs are made with combinations of TFT-LCD display and LED output. The products are manufactured by third-party TFT LCD suppliers. Then, the TV parts are assembled at a plant in Baddi, Himachal Pradesh.

2. BPL also takes the lead when it comes to medical display equipment. BPL uses different combinations of TFT display, VGA output, LED, and touch LCD display to manufacture the following devices:

3. The company upholds strict quality standards in all TFT LCD display products. This is achieved through quality tests at all stages of production and assembly. Even the third-party suppliers providing the raw materials for TFT-LCD modules are required to run through tests to ensure quality.

In a nutshell, BPL continues to be an industry leader in India’s consumer electronics and medical equipment industries. BPL provides households and health facilities with top-notch TFT-LCD display module sets used in televisions and health monitoring equipment. And in recent years, BPL has clearly shown no signs of slowing down.

Dixon Technologies Limited is a long-standing company providing consumer electronics, LED and LCD TVs, light fixtures, appliances, mobile phones, and CCTV systems. The company was founded in 1993 with its current headquarters in New Delhi and Uttar Pradesh.

Dixon’s creed is providing consumers with world-class products at affordable prices. Consequently, the company is among the top TFT LCD manufacturers in India because:

Dixon is proud to create its products in local factories. For instance, the company has an LCD display module factoryin Tirupati, Andhra Pradesh. Furthermore, the company also operates three facilities in Uttarakhand and three more in Noida, Uttar Pradesh.

Reasonable prices also make Dixon’s LCD module products and TVs appealing to the public. Couple that with features that are on par with the world’s best TV sets. Dixon believes that quality shouldn’t be sacrificed at the expense of affordability.

In conclusion, Dixon Technologies (India) Limited is among India’s famous TFT LCD manufacturers simply because it provides original, feature-packed, high-quality, and pocket-friendly products to both tech companies and end-consumers.

Oriole Electronics is an electronics company based in Mumbai. It was established in 1972 and is among the famous long-standing TFT LCD manufacturers in India.

Oriole’s strongest quality lies in its extensive experience in the TFT LCD and electronics industry. The company’s experience puts them at an edge against many younger industry competitors. All these thanks to several insights and expertise the company collected since 1972.

Another Oriole advantage is its in-house Research and Development team. Oriole’s R&D team conceptualizes products for its customers. They also formulate quality control guidelines that are strictly implemented during the production and testing phases. All these things are done to ensure the highest quality of Oriole’s TFT, LCD modules, and other product ranges.

Speaking of quality, Oriole is also ISO 9001:2008 certified. This credential ultimately proves the company’s utmost dedication to quality processes. Also, this ensures consistent operations of Oriole’s TFT LCD display factory network throughout India.

To wrap it all up, Oriole Electronics is indeed a quality display module manufacturer in India. Superior quality products, customized services, and affordable rates – all of these are testaments to Oriole’s good reputation.

RandServ proudly provides and even encourages custom manufacturing services. The company responds to unique client needs by creating LCD display modules and designs according to customer requirements. RandServ lets clients specify custom shapes, display sizes, and interactive touch support integration.

Another good point of RandServ is its superior-quality product range. The company may be new to the industry, but its products are made with world-class technology and attention to detail. RandServ’s electronic, TFT, LCD, and LED technologies make their end-products among the most long-lasting and robust electronic/digital products in the Indian market today.

Businesses across several industries tend to neglect ethical business practices. But not RandServ. The company takes pride in its clean business practices and integrity. Commitment to ethical standards enabled RandServ to steadily grow as a reputable LCD screen manufacturer.

In conclusion, RandServ Systems deserves a spot in our 7 famous TFT LCD manufacturers list mainly because of three things – cutting-edge LCD and digital products, customized client services, and high regard for ethical business practices.

Royal Display India is a reputable TFT display supplier and manufacturer based in Mumbai. Royal Display is relatively new, being in the business since 2003. But the company didn’t let their newness stop them from growing into a successful LCD display supplier and manufacturer.

Another considerable advantage of Royal Display is its spacious manufacturing and warehousing units. Both are located in Maharashtra. The manufacturing unit boasts of specialized techniques used to produce modules for TFT, LCD, and OLED. Meanwhile, the warehouse unit is large enough to accommodate bulk orders from clients.

To wind this up, Royal Display is a young yet quality manufacturer for LCD modules and other related display screens in India. The company continues to grow with its plethora of quality display products coupled with many satisfied clients.

To conclude, Teronix is a young but reputable and promising LCD manufacturer in India. Lots of satisfied customers flock to them because of their dedication to high-quality products and top-notch manufacturing technologies.

To conclude this post, we’ve rounded up 7 Famous TFT LCD Manufacturers in India. Some of them are industry pioneers, while some are novices. However, we’re sure all these reputable companies will be a good source of products for all your display module needs.

STONE provides a full range of 3.5 inches to 15.1 inches of small and medium-size standard quasi TFT LCD module, LCD display, TFT display module, display industry, industrial LCD screen, under the sunlight visually highlight TFT LCD display, industrial custom TFT screen, TFT LCD screen-wide temperature, industrial TFT LCD screen, touch screen industry. The TFT LCD module is very suitable for industrial control equipment, medical instruments, POS system, electronic consumer products, vehicles, and other products.

A few India-based enterprises have decided or plan to set up display panel plants in India, but this is unlikely to have substantially impact on the existing global display supply chain in the foreseeable future, as the total panel production capacity in India will be much smaller than that in China, South Korea, Taiwan and Japan.

Under the Indian government"s Production Linked Incentive (PLI) scheme, Elest, a subsidiary of India-based Rajesh Exports - which is among the globally top-500 enterprises - will invest INR240 billion (US$3.01 billion) to set up a 6G AMOLED plant in Telangana State, central India, to produce smartphone, tablet and notebook applications.

India-based oil, gas and metal producer Vedanta has acquired Japan-based LCD glass substrate maker AvanStrate and applied to the India government for setting up a 8.6G TFT-LCD plant in India. Vedanta in February 2022 signed an MoU with Taiwan-based Foxconn Electronics to establish a joint-venture maker of semiconductors. As Taiwan-based LCD panel maker Innolux is AvanStrate"s client and has a 8.6G LCD plant in southern Taiwan, Vedanta could cooperate with Innolux via AvanStrate.

With subsidies under India government"s PLI scheme and UP Electronics Manufacturing Policy 2017 set by the state government of Uttar Pradesh, northern India, Samsung Display (SDC) invested US$654 million to set up a panel module factory in the state and started production in April 2021.

Samsung Electronics, SDC"s parent company, has cumulatively invested over US$1.1 billion in India and has been shifting production lines from China and Vietnam to India. The company has set up two large production bases and five R&D bases in India.

According to DIGITIMES Research, Samsung Electronics" factories in India produced about 60 million smartphones in 2021 and are expected to produce 93 million in 2022 and 108 million in 2026, with the proportion of total smartphone output from India to rise from 20% in 2020 to 29% in 2026.

Although Samsung is expanding its production in India, clustering and production of its South Korea-based supply chain makers in India are currently much smaller than those in Vietnam.

China-based panel maker China Star Optoelectronics Technology (CSOT) has invested INR18.3 billion to set up a factory to produce 5- to 65-inch LCD modules in Andhra Pradseh, southeastern India. With annual production capacity of 8.0 million LCD modules, the factory is intended to mainly support TCL, CSOT"s parent company, to sell LCD TVs in the India market. TCL expects to sell 10 million LCD TVs for a market share of 7% in India in 2022. TCL currently ranks fourth in the India TV market and aims to surpass Sony, ranking third with a market share of 12% at present, by the end of 2022.

Taiwan-based LCD panel maker AU Optronics (AUO) has evaluated the feasibility of investing in India. There are problems concerning culture and government efficiency in India, AUO chairman Paul Peng has said.

Some cities in India are ambitious to create manufacturing hubs through developing industrial districts of which some have development potential and are likely to replace some locations in China, Peng noted. However, India is impossible to completely replace China in terms of investment in manufacturing, Peng indicated.

Besides, infrastructure in India and Vietnam is insufficient and, in the case of Vietnam, surging investment has sharply shored up factory land prices and this will affect foreign enterprises" willingness to invest, Peng said. In fact, it is very difficult for Thailand, Indonesia and even Taiwan to completely replace China in manufacturing, Peng noted.

There are many factors that need to be considered in setting up overseas factories, including ecosystem support, infrastructure and local talent, Peng said. India is not ideal in terms of these three factors, and exiting panel makers are quite unlikely to set up panel lines in India for the time being, Peng noted.

China-based panel makers had kept expanding production capacities for nearly 10 years and, as a result they together occupied over 60% of global production capacity for LCD panels as of 2021, followed by Taiwanese makers with 20%, South Korean ones with 10% and Japanese ones with 6%.

Since major Chinese makers are still expanding LCD panel production capacities, China"s combined share of global total will reach 70% in the mid- to long-term.

In view of diminishing competitiveness in LCD, SDC terminated LCD panel production in June 2022 and has shifted focus to AMOLED. Taiwanese LCD panel makers are expected to benefit from SDC"s exit but are still far less competitive against Chinese fellow makers in production capacity. Therefore, they have chosen not to expand production capacities and have focused on high value-added LCD panels.

Our company specializes in developing solutions that arerenowned across the globe and meet expectations of the most demanding customers. Orient Display can boast incredibly fast order processing - usually it takes us only 4-5 weeks to produce LCD panels and we do our best to deliver your custom display modules, touch screens or TFT and IPS LCD displays within 5-8 weeks. Thanks to being in the business for such a noteworthy period of time, experts working at our display store have gained valuable experience in the automotive, appliances, industrial, marine, medical and consumer electronics industries. We’ve been able to create top-notch, specialized factories that allow us to manufacture quality custom display solutions at attractive prices. Our products comply with standards such as ISO 9001, ISO 14001, QC 080000, ISO/TS 16949 and PPM Process Control. All of this makes us the finest display manufacturer in the market.

In both LCD and OLED displays, producing these cells – which are highly complex – is by far the most difficult element of the production process. Indeed, the complexity of these cells, combined with the levels of investment needed to achieve expertise in their production, explains why there are less than 30 companies in the whole world that can produce them. China, for instance, has invested more than 300 billion yuan (approximately $45 billion USD) in just one of these companies – BOE – over the past 14 years.

Panox Display has been involved in the display industry for many years and has built strong and long-term partner relationships with many of the biggest OLED and LCD panel manufacturers. As a result, we are able to offer our clients guaranteed access to display products from the biggest manufacturers.

LG Display was, until 2021, the No. 1 display panel manufacturer in the world. Owned by LG Group and headquartered in Seoul, South Korea, it has R&D, production, and trade institutions in China, Japan, South Korea, the United States, and Europe.

Founded in 2001, AUO – or AU Optronics – is the world’s leading TFT-LCD panel manufacturer (with a 16% market share) that designs, develops, and manufactures the world’s top three liquid crystal displays. With panels ranging from as small as 1.5 inches to 46 inches, it boasts one of the world"s few large-, medium -and small-sized product lines.

AUO offers advanced display integration solutions with innovative technologies, including 4K2K ultra-high resolution, 3D, ultra-thin, narrow bezel, transparent display, LTPS, OLED, and touch solutions. AOU has the most complete generation production line, ranging from 3.5G to 8.5G, offering panel products for a variety of LCD applications in a range of sizes, from as small as 1.2 inches to 71 inches.

Now Sharp is still top 10 TV brands all over the world. Just like BOE, Sharp produce LCDs in all kinds of size. Including small LCD (3.5 inch~9.1 inch), medium LCD (10.1 ~27 inch), large LCD (31.5~110 inch). Sharp LCD has been used on Iphone series for a long time.

Beside those current LCDs, the industrial LCD of Sharp is also excellent and widely used in public facilities, factories, and vehicles. The Sharp industrial LCD, just means solid, high brightness, super long working time, highest stability.

Since its establishment, Truly Semiconductors has focused on researching, developing, and manufacturing liquid crystal flat panel displays. Now, after twenty years of development, it is the biggest small- and medium-sized flat panel display manufacturer in China.

Truly’s factory in Shanwei City is enormous, covering an area of 1 million square meters, with a net housing area of more than 100,000 square meters. It includes five LCD production lines, one OLED production line, three touch screen production lines, and several COG, LCM, MDS, CCM, TAB, and SMT production lines.

Its world-class production lines produce LCD displays, liquid crystal display modules (LCMs), OLED displays, resistive and capacitive touch screens (touch panels), micro camera modules (CCMs), and GPS receiving modules, with such products widely used in the smartphone, automobile, and medical industries. The LCD products it offers include TFT, TN, Color TN with Black Mark (TN type LCD display for onboard machines), STN, FSTN, 65K color, and 262K color or above CSTN, COG, COF, and TAB modules.

In its early days, Innolux attached great importance to researching and developing new products. Mobile phones, portable and mounted DVD players, digital cameras, games consoles, PDA LCDs, and other star products were put into mass production and quickly captured the market, winning the company considerable market share.

Looking forward to the future, the group of photoelectric will continue to deep LCD display field, is committed to the development of plane display core technology, make good use of global operations mechanism and depth of division of labor, promise customers high-quality products and services, become the world"s top display system suppliers, in 2006 in the global mobile phone color display market leader, become "Foxconn technology" future sustained rapid growth of the engine.

Founded in June 1998, Hannstar specializes in producing thin-film transistor liquid crystal display panels, mainly for use in monitors, notebook displays and televisions. It was the first company in Taiwan to adopt the world’s top ultra-wide perspective technology (AS-IPS).

The company has three LCD factories and one LCM factory. It has acquired state-of-the-art TFT-LCD manufacturing technology, which enables it to achieve the highest efficiency in the mass production of thin-film transistor liquid crystal display production technology. Its customers include many of the biggest and most well-known electronics companies and computer manufacturers in Taiwan and overseas.

TCL CSOT – short for TCL China Star Optoelectronics Technology (TCL CSOT) – was founded in 2009 and is an innovative technology enterprise that focuses on the production of semiconductor displays. As one of the global leaders in semiconductor display market, it has bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, with nine panel production lines and five large modules bases.

TCL CSOT actively produces Mini LED, Micro LED, flexible OLED, printing OLED, and other new display technologies. Its product range is vast – including large, medium, and small panels and touch modules, electronic whiteboards, splicing walls, automotive displays, gaming monitors, and other high-end display application fields – which has enabled it to become a leading player in the global panel industry.

In the first quarter of 2022, TCL CSOT’s TV panels ranked second in the market, 55 inches, 65 " and 75 inches second, 8K, 120Hz first, the first, interactive whiteboard and digital sign plate; LTPS flat panel, the second, LTPS and flexible OLED fourth.

EDO (also known as EverDisplay Optonics) was founded in October 2012 and focuses on the production of small- and medium-sized high-resolution AMOLED semiconductor display panels.

Tianma Microelectronics was founded in 1983 and listed on the Shenzhen Stock Exchange in 1995. It is a high-tech enterprise specializing in the production of liquid crystal displays (LCD) and liquid crystal display modules (LCM).

After more than 30 years of development, it has grown into a large publicly listed company integrating LCD research and development, design, production, sales, and servicing. Over the years, it has expanded by investing in the construction of STN-LCD, CSTN-LCD, TFT-LCD and CF production lines and module factories across China (with locations in Shenzhen, Shanghai, Chengdu, Wuhan and Xiamen), as well R&D centers and offices in Europe, Japan, South Korea and the United States.

JDI (Japan Display Inc.) was established on November 15, 2011, as a joint venture between the Industrial Innovation Corporation, Sony, Hitachi, and Toshiba. It is dedicated to the production and development of small-sized displays. It mainly produces small- and medium-sized LCD display panels for use in the automotive, medical, and industrial fields, as well as personal devices including smartphones, tablets, and wearables.

Although Sony’s TVs use display panels from TCL CSOT (VA panel), Samsung. Sony still produces the world’s best micro-OLED display panels. Sony has many micro OLED model such as 0.23 inch, 0.39 inch, 0.5 inch, 0.64 inch, 0.68 inch, 0.71 inch. Panox Display used to test and sell many of them, compare to other micro OLED manufacuturers, Sony`s micro OLEDs are with the best image quality and highest brightness (3000 nits max).

According to IMARC Group’s latest report, titled “TFT LCD Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global TFT LCD panel market size reached US$ 157 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 207.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027.

A thin-film-transistor liquid-crystal display (TFT LCD) panel is a liquid crystal display that is generally attached to a thin film transistor. It is an energy-efficient product variant that offers a superior quality viewing experience without straining the eye. Additionally, it is lightweight, less prone to reflection and provides a wider viewing angle and sharp images. Consequently, it is generally utilized in the manufacturing of numerous electronic and handheld devices. Some of the commonly available TFT LCD panels in the market include twisted nematic, in-plane switching, advanced fringe field switching, patterned vertical alignment and an advanced super view.

The global market is primarily driven by continual technological advancements in the display technology. This is supported by the introduction of plasma enhanced chemical vapor deposition (PECVD) technology to manufacture TFT panels that offers uniform thickness and cracking resistance to the product. Along with this, the widespread adoption of the TFT LCD panels in the production of automobiles dashboards that provide high resolution and reliability to the driver is gaining prominence across the globe. Furthermore, the increasing demand for compact-sized display panels and 4K television variants are contributing to the market growth. Moreover, the rising penetration of electronic devices, such as smartphones, tablets and laptops among the masses, is creating a positive outlook for the market. Other factors, including inflating disposable incomes of the masses, changing lifestyle patterns, and increasing investments in research and development (R&D) activities, are further projected to drive the market growth.

The competitive landscape of the TFT LCD panel market has been studied in the report with the detailed profiles of the key players operating in the market.

Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.

Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:

Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:

MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:

LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.

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MUMBAI: Vedanta Group"s owner Anil Agarwal is setting up the country’s first LCD panel manufacturing plant in Maharashtra with an investment of $10 billion ( Rs 68,000 crore).

The investment is through a new company called Twinstar Display Technologies, which is promoted by holding company Volcano Investments, chairman Agarwal said in an exclusive interview with ET. The metals tycoon is set to sign a memorandum of understanding with Maharashtra government on the first day of "Make in India" week.

"All over the world you see Made in China electronics, but India can also manufacture its own electronics," Agarwal said. "We worked with the government and agreed this project has to be aMade in India product." Agarwal said the company will endeavour to make India a significant export hub of display units with the setting up of the unit, known as Panel FAB. India’s LCD market is entirely import-dependent.

A surge in demand for consumer durables, especially smartphones, is likely to more than treble India"s market for flat panel displays from $5.4 billion in 2020 to nearly $19 billion by 2025, a report by electronics association ICEA has said.

The industry body has said the cumulative market in the next 5 years was around $60 billion which is waiting to be tapped by domestic industry. Though India has steadily grown into a leading consumer market for display-centric products, it does not currently have a local display manufacturing industry and all display components have to be imported from overseas suppliers.

"We (India) currently consume 7-8 per cent of the global display production in India primarily for use in mobile, TV and IT hardware. With our current emphasis on electronic manufacturing in India and incentives to trigger this industrial sector, the demand for displays will increase multi-fold," said Pankaj Mohindroo, Chairman, India Cellular and Electronics Association (ICEA). "There is no display fab in India today and this is the right time that we direct our focus towards building this strategic core industry in India."

Globally, the market for flat panel displays was valued at $100 billion in 2020 and is projected to grow over $125 billion in revenues by 2024. The mobile phone and TV product segments account for greater than 65 per cent of the industry revenues while notebooks, monitors, tablets, automotive and other applications account for the rest. India has already established a substantial market-pull for display components and this market pull is accelerating to be a substantial fraction of the global display industry. The creation of an India-based display industry will require the confluence of market-pull, capital and know-how, ICEA says.

"A coherent national policy is required to mobilize private sector companies to bring together capital and knowhow to establish state-of-the-art display Fabs. The national policy should extend government support towards providing financial incentives to display makers and display supply chain companies who agree to make substantial investments under the private-public partnerships. He also invited the Large Indian Corporates to come forward and put their weight behind to establish this strategic industry in India," said Mohindroo.

According to ICEA, there is a potential for India to exploit export opportunities alone of upto $11 billion per year by 2025. On top of this, by reducing imports for the domestic market, it is estimated that the industry can create 200,000 new jobs in the sector.

"Displays are the windows to the digital world of data. They make it possible for data to be visualized in a human-readable form. The display component industry is greater than USD 100 billion in size and it has spawned substantially larger leveraged industries that manufacture and sell display-centric electronic products," said Dr G Rajeswaran, Director & CEO, Grantwood Technologies. "Using our pioneering experience in the display industry over the past three decades, we are proposing a strategy, a plan-of-action and some key recommendations to future stakeholders in India."

LCD TV Panel Market is 2022 Research Report on Global professional and comprehensive report on the LCD TV Panel Market. The report monitors the key trends and market drivers in the current scenario and offers on the ground insights. Top Key Players are – Samsung Display, LG Display, Innolux Crop., AUO, CSOT, BOE, Sharp, Panasonic, CEC-Panda.

Global “LCD TV Panel Market” (2022-2028) the report additionally centers around worldwide significant makers of the LCD TV Panel market with important data, such as, company profiles, segmentation information, challenges and limitations, driving factors, value, cost, income and contact data. Upstream primitive materials and hardware, coupled with downstream request examination is likewise completed. The Global LCD TV Panel market improvement patterns and marketing channels are breaking down. In conclusion, the attainability of new speculation ventures is surveyed and in general, the research ends advertised.

Global LCD TV Panel Market Report 2022 is spread across 117 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

LCD displays utilize two sheets of polarizing material with a liquid crystal solution between them. An electric current passed through the liquid causes the crystals to align so that light cannot pass through them. Each crystal, therefore, is like a shutter, either allowing light to pass through or blocking the light. LCD panel is the key components of LCD display. And the price trends of LCD panel directly affect the price of liquid crystal displays. LCD panel consists of several components: Glass substrate, drive electronics, polarizers, color filters etc. Only LCD panel applied for TV will be counted in this report.

Due to the COVID-19 pandemic, the global LCD TV Panel market size is estimated to be worth USD 53490 million in 2021 and is forecast to a readjusted size of USD 53490 million by 2028 with a CAGR of 2.2% during the review period. Fully considering the economic change by this health crisis, by Size accounting for (%) of the LCD TV Panel global market in 2021, is projected to value USD million by 2028, growing at a revised (%) CAGR in the post-COVID-19 period. While by Size segment is altered to an (%) CAGR throughout this forecast period.

Global LCD TV Panel key players include Samsung Display, LG Display, Innolux Crop, AUO, CSOT, etc. Global top five manufacturers hold a share over 80%.

The global LCD TV Panel market is segmented by company, region (country), by Size and by Application. Players, stakeholders, and other participants in the global LCD TV Panel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Size and by Application for the period 2017-2028.

Global LCD TV Panel market analysis and market size information is provided by regions (countries). Segment by Application, the LCD TV Panel market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise LCD TV Panel market forecast period from history 2017-2028. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2017-2028.

The report introduced the LCD TV Panel basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

LCD TV Panel market size competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2021. Details included are company description, major business, company total revenue and the sales, revenue generated in LCD TV Panel business, the date to enter into the LCD TV Panel market, LCD TV Panel product introduction, recent developments, etc.

The report offers detailed coverage of LCD TV Panel industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading LCD TV Panel by geography. The report splits the market size, by volume and value, on the basis of application type and geography. Report covers the present status and the future prospects of the global LCD TV Panel market for 2017-2028.

Global LCD TV Panel Market report forecast to 2028 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market breaks down due to COVID-19 is also affecting the growth of thebaconmarket due to shutting down of factories, obstacle in supply chain, and downturn in world economy.

To Know How COVID-19 Pandemic Will Impact LCD TV Panel Market/Industry- Request a sample copy of the report-https://www.researchreportsworld.com/enquiry/request-covid19/21019731

The report offers exhaustive assessment of different region-wise and country-wise LCD TV Panel market such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

For the period 2017-2028, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global LCD TV Panel market. For the period 2017-2021, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.

What are the market opportunities and threats faced by the vendors in the global LCD TV Panel market? What industrial trends, drivers, and challenges are manipulating its growth?

With tables and figures helping analyze worldwide Global LCD TV Panel market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

After announcing incentive schemes for mobile and IT hardware manufacturing, the government is now planning to chart out a similar plan for setting up display fabrication units in the country. The ministry of electronics and IT (MeitY) has invited expressions of interest (EoIs) from companies which want to set up LCD/OLED/AMOLED/QLED based display fabrication units in India.

As per information shared by the government, displays constitute a significant portion of the total bill of materials (BoM) in electronic products. For instance, displays account for over 25% of the BoM in case of smartphones and over 50% in case of LCD/LED TVs. India’s display panel market is estimated to be $7 billion and expected to grow to $15 billion by 2025. Current requirements are met exclusively through imports.

The outlay for the scheme will be decided once all the companies submit their applications and suggest what kind of incentives are required. The government plans to develop an ecosystem of various components of electronics in the country. That is the reason why a localisation schedule has been incorporated in the recently launched production linked scheme (PLI) scheme for IT hardware manufacturing.

As per estimates from industry body ELCINA, the electronics components manufacturing sector suffers from a disability of around 10% due to lack of adequate infrastructure, domestic supply chain and logistics, high cost of finance, inadequate availability of quality power, limited design capabilities and focus on R&D by the industry. “Given this and the capital-intensive nature of display manufacturing, there is a need to incentivise the industry setting up display FAB facilities in India,” the EoI said, a copy of which has been seen by FE.

The global electronics industry is currently valued at $2 trillion and is expected to grow significantly given the increasing penetration of emerging technologies. India’s share in global electronics manufacturing has grown from 1.3% in 2012 to 3.6% in 2019. Domestic electronics manufacturing has increased substantially from Rs 1,90,366 crore in 2014-15 to Rs 5,33,550 crore in 2019-20 at a CAGR of 23%.

India is aspiring for a more than five-fold increase in electronics manufacturing to $400 billion by FY25 by focusing on export markets and incentivising manufacturers to become globally competitive.

Last April, the government rolled out a Rs 41,000-crore PLI scheme for large-scale electronics manufacturing. The scheme extended incentives of 4% to 6% on incremental sales over the base year for goods manufactured in India for a period of five years subsequent to the base year as defined. Earlier, this month, another scheme for IT hardware with an outlay of Rs 7,350 crore has been launched. The government will offer incentives in the range of 4% to 1% over a period of four years for manufacturing laptops, tablets, all-in-one PCs and servers in India.