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The Consumer Electronics industry provides mass-consumption electronic equipment with a relatively low degree of customisation that is marketed on a global scale. In an increasingly connected world, this industry’s main task is to meet the ever more sophisticated demands of digital consumers for electronic devices for both entertainment and professional use. As a highly R&D- and capital-intensive industry, it is also one of the main drivers of technological advances, digital inclusion and economic growth.
The Consumer Electronics industry comprises the manufacturing of electronic devices intended for everyday use by end consumers. They are most commonly used for entertainment (TV sets, video players, video games, audio equipment, etc.), communications (telephones, mobile phones, etc.) and home-office activities (desktop computers, laptops, storage devices, printers, small electrical appliances, batteries, etc.).
Indians boosted their consumer electronics purchases in the year-end festive sales period, even as they cut back spending on most other items. Budget and premium segments have benefited at the expense of mid-ranged product lines as ...
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Domestic manufacturers dominated India’s consumer electronics before India’s economic liberalisation, which began in 1991. Today, Indian consumers prefer international brands and most domestic producers have been relegated ...
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India’s IT industry consists of IT services and Hardware and Business Process Management (BPM). E-Commerce has officially been part of the BPM segment of this industry since FY2013, reflecting its substantial contribution to industry revenues. ...
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The Indian retail sector is one of the fastest growing in the world, thanks to a favourable demographic profile and strong economic growth. Organised retail remains at a nascent stage of development, accounting for only 9% of total FY2018 retail ...
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The liberalisation policy of 1991 opened doors India’s vast population to an array of international products. The consumer electronics market grew manifold, and is expected to hold steady in the future as well, owing to high ...
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India’s IT industry consists of IT services and Hardware and Business Process Management (BPM). Ecommerce has been part of the BPM segment of this industry since FY2013. The IT-BPM sector is largely export-driven. Software accounted for 74.5% ...
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India was once wholly dependent on domestic production to meet its consumer electronics demand. However, after the Indian economy was liberalised in 1991, multinational brands from countries like South Korea, Japan, and Taiwan flooded the ...
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