- The Electricals & Electronics market is one of the largest in the world, and in India, it is anticipated to reach US $400 billion in 2022 from US $69.6 billion in 2012.
- The market is projected to grow at a compound annual growth rate (CAGR) of 24.4% during 2012-2020.
- The electronics sector consists of consumer and industrial electronics, computers, communication and broadcasting equipment, strategic electronics, and electronic components.
- The consumer electronics and durables industry is currently poised at about Rs340 billion
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