Within the sphere of manufacturing , the Electronic System |
around 45 percent of the total market demand , which leaves a |
Design and Manufacturing ( ESDM ) sector holds a prominent |
wide demand-supply gap to be filled and provides a significant |
place in the Indian economy . The electronics market of India is |
opportunity to improve domestic manufacturing capabilities . |
one of the largest in the world . Spurred by factors such as |
The estimated production will reach USD 104 billion by the year 2020 , |
higher real disposable incomes , easy consumer credit , falling |
6 creating a gap of USD 296 billion in demand and production . This is a |
prices of the products and their increasing penetration and |
serious cause of concern , because growing at this rate , the |
growing consumer and industrial base , it is expected that by |
electronics import bill is expected to far exceed the oil import |
2020 , the market will increase with a CAGR of 66.1 per cent to |
costs by 2020 and result in a major balance of payments crisis . |
5
USD400 billion from USD31.6 billion in 2015 . Reaching
US $ 400 billion in market size by 2020 is the true potential of
|
Electronics Demand and Production |
India ’ s ESDM industry . | |
Expected Growth of Indian Electronics Market |
400
CAGR-37 %
|
IT Products constitute a significant part of the Electronics |
across the globe . |
|||
7 market in India . Direct and Indirect IT products together |
The chart given below shows the split of the IT electronic |
|||
contribute close to 20 % of the total market . |
products in India and in |
|||
This study focuses on |
the global IT electronics |
|||
a few products from |
industry . Though the |
US $ Billions %, 2014 |
||
the ESDM sector , |
overall industry is worth |
100 % |
655 |
17 |
collectively called IT |
more than USD655 billion , |
PCs |
12 % |
12 % |
electronics goods . |
India ’ s contribution has |
NBs |
19 % |
17 % |
These goods are |
been approximately 3 %. In |
Tablets |
11 % |
4 % |
smartphones , tablets , |
addition , it is quite |
|||
notebooks and |
apparent that PCs or |
|||
desktops which form |
Desktops and Notebooks |
Smartphone |
58 % |
67 % |
the backbone of all IT |
hold significantly higher |
|||
related industries |
shares and are bigger |