The demand for electronic products and systems in the country is estimated to reach US$ 400 billion by 2020 thanks to the burgeoning software industry.
The Indian Electronics industry has seen tremendous growth in 2015-2016 due to the following:
India has favourable government policy and regulatory support for the electronics & IT industry.
The industry offers a range of services, from low-end application development to high-end integrated IT solutions across multiple verticals, with a well-developed vendor base.
The Indian Electronics Industry is anticipated to become a US$ 50 billion industry by 2020.
Disclaimer: This information has been collected through secondary research and www.indianmirror.com is not responsible for any errors in the same.