Electronics is one of the fastest-growing industries in India, driven by growth in key sectors such as IT, consumer electronics and telecom. Consumer electronics, a major constituent of electronic hardware, contributes 27 per cent to the total electronic hardware production in India. Consumer electronics include products such as TVs, computers, home theatre components and audio equipment.
The Indian market for electronic products has grown at a rate of 17 percent for last five years. The size of the Indian electronics market in 2008–09 was estimated at US$ 19.73 billion (INR 946 billion).
Exports from the electronics industry witnessed a CAGR of 19 per cent between 2003–04 and 2008–09. Electronic components constituted 46 per cent of electronics exports, followed by industrial electronics. Bharat Electronics Ltd, Videocon International Ltd and LG Electronics India Limited are amongst the key players operating in India.Sectoral Presentation (April 2010)
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