Today, it offers things from a simple resistor to a sophisticated microcontroller-based system to computers, laptops, music systems and electronic components. Lamington Road was an electronics hub even when Japan was just a developing country for these goods.
But then manufacturing moved to China due to low labour cost, better labour laws, high productivity and conducive Chinese government policies welcoming people to set up their plants in their country. The AIEA says it is encouraging its members to look for opportunities and ways to produce locally and has sought funding at interest rates similar to China and land at cheaper rates.
The Indian electronic industry is heavily import-dependent for electronic components. Besides, they all produce most of their goods in their China factories.
Mody adds getting rid of this dependency on import from China will be the real boycott of goods made in that country. Facebook Twitter Linkedin EMail. Start a Conversation. Spotlight Blockchain a game changer for seed funding? Coronavirus outbreak Covaxin vaccine Cowin vaccine registration Coronavirus live news Corona cases today Covshield vaccine. More Latest News.
Follow us on. Living and entertainment iDiva MensXP. All rights reserved. See Lamington Road, Mumbadevi on the map Image may be subject to copyright. Find out more on Wikipedia. Get directions now. How to get to Lamington Road by Bus? How to get to Lamington Road by Train?
The closest stations to Lamington Road are: Minerva Talkies is 60 meters away, 1 min walk. Mumbai Central Station is meters away, 5 min walk.
Mumbai Central Railway Station is meters away, 6 min walk. Sonawala Building is meters away, 6 min walk. Bhadkamkar Road is meters away, 7 min walk. Grant Road is meters away, 9 min walk. Byculla is meters away, 29 min walk. Mahalaxmi is meters away, 31 min walk. More details Which Bus lines stop near Lamington Road? More details Which Train lines stop near Lamington Road? More details How far is the train station from Lamington Road in Mumbadevi? More details How far is the bus stop from Lamington Road in Mumbadevi?
More details. The official name of the road is rarely used. It is often called the "IT shop of Mumbai". Lamington Road is famous for its wholesale and retail market in electronics goods.
Shops on the street sell computer goods, electronic items, television equipment, and wireless equipment at rates much lower than the maximum retail price as they have a high turnover. They sell not only the latest computer related items but even outdated electronic parts for radios like transistors, capacitors, cables, sound cards, TV tuners and adaptors. Lamington road is the third largest grey market in India for electronic goods and peripherals after Nehru Place in Delhi and Ritchie street in Chennai.
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