Ad
related to: india electronics industry growth rate
Search results
Results From The WOW.Com Content Network
The consumer electronics and appliance industry in India, which was valued at $9.7 billion in 2014, is expected to increase at a compound annual growth rate of 13.4% to reach $20.6 billion by 2020. Set-top boxes are expected to increase at the quickest rate among consumer electronics, with Y-o-Y growth of 28.8% forecast between 2014 and 2020.
About 79% of India's e-commerce market was travel related in 2013. [11] According to Google India, there were 35 million online shoppers in India in 2014 Q1 and was expected to cross 100 million mark by end of year 2016. [12] CAGR vis-à-vis a global growth rate of 8–10%. Electronics and Apparel are the biggest categories in terms of sales.
The Electronics Committee also known as the "Bhabha Committee" created a 10-year (1966–1975) plan laying the foundation for India's IT Service Industries. [10] The industry was born in Mumbai in 1967 with the establishment of Tata Consultancy Services [11] who in 1977 partnered with Burroughs which began India's export of IT services. [12]
BPL retained its strong presence and growth rate. During the late 1990s, the company's annual revenue peaked at ₹ 4,300 crore (equivalent to ₹ 190 billion or US$2.2 billion in 2023). [2] BPL concentrated on importing technology, improving product quality, innovations and manufacturing of electronic products.
The electronics industry, at about $1.75 trillion is one of the largest and fastest growing in the world. The Indian market in 2008-09 was $45 billion and is expected to reach $400 billion by 2025 . The Indian market in 2008-09 was $45 billion and is expected to reach $400 billion by 2025 .
India's wedding industry has a size of $75 billion, second largest after China. It is the fourth largest industry in India. [330] The wedding industry saw significant growth in 2023 as weddings became larger and more extravagant post the pandemic blues. Average guest size grew by nearly 15%, from 270 guests in 2022 to 310 in 2023.
The Indian electrical industry is represented by Indian Electrical and Electronics Manufacturers' Association (IEEMA), which was established in 1948, comprising all segments of electricity from source to socket i.e. generation, transmission, distribution to last mile connectivity/ usage and allied components & accessories.
By the end of 2017, India had risen 42 places on the ease of doing business index, 32 places in the World Economic Forum's Global Competitiveness Index, and 19 notches in the Logistics Performance Index. [17] The growth rate of manufacturing averaged 6.9% per annum between 2014–15 and 2019–20. [19]