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Hardware sales in India to touch $360bn by
2015: PHD Chamber |
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13 Apr, 2008, 1052 hrs IST, PTI |
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NEW DELHI: On the back of increasing
demand of consumer electronics, sales of hardware in the country is
poised to touch 360 billion dollar mark by 2015, industry body PHD
Chamber said. |
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These would include units brought
through imports and those produced domestically, it said in a statement. |
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"Electronics hardware consumption in
the country, which is growing at 30 per cent will be one of the fastest
growing segments in the country, creating large scale employment
opportunities," chamber's President L K Malhotra said. |
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The production of electronics
hardware, which includes strategic electronics, consumer electronics,
computers, communication and broadcasting equipment, is around 16
billion dollars at present, less than one per cent of the world output,
the release added. |
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"Our efforts should be to take the
domestic production of electronics hardware to 150 billion dollars by
2015 and to increase the global share to five per cent," Malhotra added.
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India has to focus on two areas --
micro-chips and nano technology, the trade body said. |
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The country can also be developed as a
hub for repairing electronics hardware, it added. |
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http://economictimes.indiatimes.com |
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