ICEA seeks standards for quality manufacture of tempered glass
   Date :21-Apr-2022

ICEA  
 
 
Business Bureau
INDIA could be looking at a massive export opportunity to the tune of 951 million pieces or Rs 20,300 crore by 2025 for Tempered Glass Screen Protectors (TG-SP), if it moves swiftly on quality manufacturing and right standards, according to a report.
An organised manufacturing ecosystem for the TG-SP industry that meets global quality standards is the need of the hour to spur growth in both domestic market and exports, an in-depth study by India Cellular and Electronics Association (ICEA) has said.
The domestic market for TG-SP for smartphones is expected to reach 550 million units with a value of Rs 25,000 crore (USD 3.4 billion) by 2025. Even with such a large projected demand, India has no established players supplying the product and most of the business (about 90 per cent) is happening in the grey or unorganised market.
The report recommends that tempered glass should be brought under the Compulsory Registration Order (CRO) regime so that proper standardisation sets in.
This will move the market to the organised sector, in the same line as mobile accessories like chargers, batteries, tempered glass, hearables, and wearables, it said. A lucrative opportunity both domestic and exports, beckons, it added.
“India could potentially look at exports of TG-SP to the tune of 951 million pieces or Rs 20,300 crore by 2025, or a cumulative of Rs 40,000 crore between 2022 to 2025 with quality manufacturing from India,” according to the report.
ICEA on Wednesday released its report titled 'Building A Large Tempered Glass Screen Protectors Industry in India' in collaboration with Feedback Advisory. ICEA Chairman Pankaj Mohindroo said there is an urgent need to channelise this industry with quality standards and ensure that sub-standard tempered glass screen protectors are neither made nor imported or sold in the country. “Once the standardisation is achieved, a legal and quality-oriented market will be created,” he said.