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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 manღufacturers dominated India’s consumer ele🌼ctronics 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 co🍸ntribution to industry revenues. ...
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The Indian retail sector is one of 𒐪the 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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