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India was the world’s 3rd largest smartphone market in 2017.

Growth of Consumer Durable Industry in India - Infographic

Latest update: December, 2017

  • The consumer durables market in India is estimated to have reached Rs 1 trillion (US$ 15.5 billion) in 2017.
  • The consumer durables/light electricals industry is expected to reach Rs 3 trillion (US$ 46.54 billion) by 2020.
  • India is one of the largest growing electronics market in the world.
  • Indian electronics market is expected to grow at 41 per cent CAGR between 2017-20 to reach US$ 400 billion.
  • Consumer electronics exports from India reached US$ 385.15 million in FY18 (up to February 2018).
  • India has the world’s third largest television industry. India’s television industry, is expected to grow at a CAGR of 9.8 per cent over CY16-20.
  • Television industry in India is estimated to have reached Rs 660 billion (US$ 10.19 billion) in CY2017 and projected to reach Rs 862 billion (US$ 13.31billion) in CY2020.
Growth

Notes: F – Forecast
Source: Makeinindia, DeitY, Edelweiss research, FICCI-EY Re-imagining India's M&E sector

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