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The Indians Are Coming

by Firzy | 9:19 PM in |

:ahaha:The Indian computer hardware manufacturers are set to become huge players in the next six years, according to analysts Frost and Sullivan. The report released by the Indian Department of Information Technology Secretary Jainder Singh said IT manufacturing will be worth $155 billion to India by 2015. As it is, hardware manufacturing in India has been growing 16 per cent a year. The analysts say that the global market for electronics hardware is expected to grow by 30 per cent to $320 billion in 2015 which is nothing in comparison to the meteoric rise of production in India . But it looks like Indian manufactures are going to be busy supplying their own market which is tipped to get huge. So far the growth has been on the back of domestic consumption of mobile phones, computers and televisions. Sales of PCs have reached 7.3 million units a year, about 8-10 million mobile phones are sold. The market for televisions has also increased to about 15 million units a year. ( www.theinquirer.net )

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