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2011-06-09

India electronics industry to grow

The share of electronics production in India's GDP has increased from 1.6 percent in 2001-02 to 1.95 percent in 2009-2010.

India electronics industry to grow

Exports of electronic goods are expected to touch $15 billion by 2013-14, said a news release from Exim Bank, quoting an estimate by the Ministry of Commerce and Industry.

The share of electronics production in India's GDP has increased from 1.6 percent in 2001-02 to 1.95 percent in 2009-2010.

A recent study by the Export-Import Bank of India (Exim Bank) has estimated the size of the electronics industry in India to exceed $150 billion by 2015.


This has been due to the high rate of growth of the Indian economy, increasing disposable income and demand from the youth market.

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