India semiconductor market growth faster than Asia for Farnell

Element 14 is a retail electronics component reseller company owned by leading technology distributor Premier Farnell. Laurence Bain, Chief Executive Officer of Premier Farnell was in Bangalore and could able to answer few questions on component market as well as some other trends in component selling to electronics engineering companies in India. How do you see year 2014 in the overall semiconductor market? Laurence Bain: For us the market is improving compared to last year and in this year we see steady progress, for us the greatest opportunity is in Asia-Pacific with a growth rate of 17.5% year over year. What about Europe? Laurence Bain: We see steady progress in Europe. we see some good growth in Germany and we see some strong growth in Eastern Europe. It is about 5% growth. What about India? Laurence Bain: We're going very well, we saw a growth rate in excess of 20%. We have been seeing growth rates for the last 4-5 years. We have been seeing good rates for our proposition in India and we are building up our team in India. We now have 200 people based in India. We are investing in go-to-market and multi-channel capability, and we are investing in our on-line web proposition, at the same time we are investing in some shared service capabilities in India, where the Indian team can support the rest of the group. What are the infrastructure challenges you fac...