Consumer Electronics

In: Business and Management

Submitted By arvind2588
Words 349
Pages 2
Paper mainly talks of Market forecasting of consumer electronics goods in India.
It has laid its most stress on the TV market & DVD market which is an upcoming trend in the consumer electronics industry.
It highlights that the Indian consumer electronics industry attained a compound annual growth rate of about 18% per year between 1992-93 and 1995-96. The growth rate between 1998-99 and 2003-04 decelerated to 10.5% annually. The industry produced goods worth Rs 54 bn in 1995-96, in 2003-04, it was nearly three times worth Rs 152 bn. The production of consumer electronics in 2006-07 in value terms was around Rs 200 bn and estimated to reach Rs 200 bn in 2007-08. During the last five years since 2002-03 the production has maintained a CAGR of 10.2%.

Exports of consumer electronic hardware from India increased to Rs 150 bn in 2006-07 as compared to exports valued at Rs 20 bn in 2005-06.

The total population of TV sets in the country is expected to grow to 115 mn in 2009-10 from the population of around 30 mn sets in 2000-01, from 350,000 in March 1999, 2.8 mn in March 2008 to the overall growth to nearly 30% of the entire electronics hardware segment which moved from Rs 96.25 bn in 2005-06 to Rs 125 bn in 2006-07. In 2007-08 there have gone up modestly to Rs 127 bn, up 1.6% cable TV subscribers from 4.5 mn to 70 mn. By 2009-10 the demand for hardware elec-tronics in India is estimated at Rs 4200 bn. There will a substantial gap of about Rs 3190 bn in the demand and supply.

The value of the components sector is of the order of 15 to 20%. It is estimated that for Rs 420 bn of hardware equipment by 2009-10, the components requirement will be of the order of about Rs 70 bn. To meet this demand the domestic production would have to expand…...

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