The Electronics industry is one of the fastest-growing industries in India, both in terms of production and exports. Between Apr-Oct 2018, exports of computer hardware & peripherals and consumer electronics stood at US$ 198.04 million and US$ 234.19 million, respectively. India has favourable government policy and regulatory support for the electronics industry.
Export of Indian Electronics
Exports The Indian electronics products demand is expected to grow at a Compound Annual Growth Rate (CAGR) of 41 per cent during 2017-20 to touch US$ 400 billion by 2020.of consumer electronics from India reached US$ 362.11 million in 2018. The top export destinations were USA (US$ 95.61 million), UK (US$ 62.97 million), Singapore (51.87 million), Israel (33.86 million) and Belgium (US$ 30.50 million).