Modernization in living standards coupled with increasing consumer procuring power and rapid economic developments have abruptly fuelled the growth of the India Electronics Market. Additionally, increase in demand for Internet of Things (IoT) devices such as smartphones, tablets/phablets and laptops have further driven the growth of the Electronics Market in India.
According to Anuj Mehrotra (Research Analyst, 6Wresearch-India Electronics Division) “Mobile Phones which were primarily known for providing voice communications has now emerged as an entertaining device among the Indian consumers”. |
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