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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, pri🅺nters, small electrical appliances, batteries, etc.).
The liberalisation policy of 1991 opened doors India’s vast population to an arra🌞y of international products. The consumer electronics market grew manifold, and is expected to hold꧒ steady in the future as well, owing to high ...
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India’s𝓀 IT industry consists of IT services and Hardware and Business Process Management (BPM). Ecommerce has been part of the BPM segment of this industry since FY2013. The IT-BPM sector is largely export-driven. Software accounted for 74.5% ...
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India was onc🥂e wholly dependent on domestic production to meet its consumer electronics demand. However, after the Indian economy was liberalised in 1991, multinational brands from countries like South Korea, Japan, and Taiwan flooded the ...
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India’s sector of IT-enabled services and business process management is largely export-driven, but the size of the domestic market is also significant. IT Services typically claim the la🌳rgest share of the sector’s exports. The se🌌ctor ...
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