A brief comparison of increase in price of electronics components since September 2012 by Team simple

 

In the past 2 years since we involved in doing electronic projects, we found that the price of the electronic components required for the projects keep on increasing every year. For example, we had spent nearly Rs.3,600 for complete design of a maze solving robot in December 2012. But on reviewing the price of those components now, we feel that the same maze solver would be built in Rs.4,200. Sooner, we realized that there are astonishing factors for the price hike.

For example, in 2011, there was a price hike due to the Earthquake in Japan. There are also price hike in electronics due to US federal Govt. shutdown, decrease in value of Indian Rupees versus US Dollars, etc.

Components	Price(In Rupees)
	In September 2012	In July 2013	In Jan 2014
PIC16F877a CHIP	165	185	200
GSM SIM300 MODULE	1050	1200	1,420
GPS MODULE	1,600	1,780	1,940
8051 DEV Board	700	730	770
ARDUINO UNO	1,550	1,680	1,800
ARM7 MINI Board	1,650	1,700	1,900
BLUETOOTH MODULE	1,010	1,090	1,200
XBEE USB	590	630	680

  by Rajshri

These price hikes also falls upon the head of Electronics students who are planning to do some projects. So it is advisable to decide the project in advance and get the components as soon as possible before another hike hits them.