Hardware sales in India to touch $360 billion

On the back of increasing demand of consumer electronics, sales of hardware in the country is poised to touch $360 billion by 2015, PHD Chamber said. These would include units brought through imports and those produced domestically, it said in a statement.

The production of electronics hardware, which includes strategic electronics, consumer electronics, computers, communication and broadcasting equipment, is around $16 billion at present, less than one per cent of the world output, the release added.