STAMFORD, CT – Total electronic equipment production in India is expected to reach $32 billion in 2011, Gartner Inc. said on Thursday.
In 2006, electronic production in India was $14 billion, the research firm said in a statement.
And semiconductor consumption in the region is expected to more than double to $7.2 billion, Gartner added.
Consumer electronics was the dominant segment last year in terms of production with 39% market share driven by demand for televisions, and audio and video equipment.
Electronics for communication and data processing was next in demand, with 38% and 12% respectively of the overall Indian market, the firm said.