Test & Measurement Year of Nominal Growth

Since the investments in the overall infrastructure were nominal in comparison to that of previous years, the Test & Measurement market witnessed a nominal growth at 4.4% in FY 2013-14.

The growth majorly came from telecom R&D and manufacturing within the country while operator networks that contributes the maximum to the Test & Measurement market in India did not contribute much.

However, as the augmentation of networks is expected to continue and operators are strengthening their data as well as voice networks, both testing and measurement becomes a key element. At the same time, enablement and rollout of newer networks like 4G/LTE as well as the services like Video services, the networks need to be thoroughly tested and measured for performance and strength. This could result in the segment bouncing back by witnessing a higher single digit or early double digit growth in the year to come. At the same time, as focus is towards indigenization of products, including that of telecom equipments and devices, the R&D and manufacturing will see increased contribution to the overall Test & Measurement market in years to come.

Test and Measurement market was estimated at Rs 1,019 crore for FY 2013-14 as against Rs 976 crore in fiscal 2012-13.