Indian Electronics Industry >> The Indian Market

The growing Indian market for electronic products is over US$25 bn and is growing at about ~30% per annum ! At this rate it is projected to exceed US$ 70 bn by 2010 and US$158 Bn by 2015. This growth has attracted global players to India and leaders like Solectron, Flextronics, Jabil, Nokia, Elcoteq and many more have made large investments to access the Indian market. In consumer electronics Korean companies such as LG and Samsung have made commitments by establishing large manufacturing facilities and now enjoy a significant share in the growing market for products such as Televisions, CD/DVD Players, Audio equipment and other entertainment products.

The growth in telecom products demand has been breathtaking and India is adding 2 million mobile phone users every month ! With telecom penetration of around 10%, this growth is expected to continue atleast over the next decade. Penatration levels in other high growth products are equally and growth in demand for Computer/ IT products, auto electronics, medical, industrial, as well as consumer electronics is equally brisk. Combined with low penetration levels and the Indian economy growing at an impressive 7% per annum, the projection of a US$150 Bn + market is quite realistic and offers an excellent opportunity to electronics players worldwide.

Sector	2001-02	2002-03	2003-04	2004-05	2005-06	2006-07	CAGR%
Consumer Electronics	130000	154000	182000	215000	254000	300000	18
Industrial Electronics	45000	47000	49000	52000	54000	58000	5
Computer H/W	40000	48000	57000	69000	84000	100000	20
Comm. & Broadcasting	50000	56000	61000	69000	76000	84000	11
Strategic Electronics	19000	21000	22000	24000	26000	28000	8
Components	60000	69000	79000	91000	106000	120000	15
Total	344000	395000	450000	520000	600000	690000	15

This is projected assuming existing policy framework and infrastructure

Actual Production in 2001-02, 2002-03 and 2003-04 (Rs Million)

Sector	2001-02	2002-03	2003-04
Consumer Electronics	127000	138000	152000
Industrial Electronics	45000	55500	61000
Computer H/W	35500	42500	68000
Comm. & Broadcasting	45000	48000	53500
Strategic Electronics	18000	25000	27500
Components	57000	66000	76000
Total	327500	375000	438000

Hardware Vs Software Production (Rs Million)

Production Trends In Major Hardware Sectors (Rs Million)

Production Trends For Major Items of Computer Systems (Rs Million)

Production Trends For Selected Components (Rs Million)