India chasing China in electronics.SCOTTSDALE, AZ -- India will be the fastest-growing electronics market the next few years, In-Star said last month, with domestic sales growing at a compounded annual growth rate of 23% to US$40 billion by 2010. That's a huge gain from the $11.5 billion in sales it booked in 2004--less than 1% of the global market, the research firm (in-stat.com) said. Still, it's a far cry from the $272 bilhon China totaled last year (18% share). China is expected to grow at a CAGR CAGR See: Compound Annual Growth Rate of 21% over the next five years, reaching a 30% share worldwide by 2010. India's key players are Flextronics, Jabil Circuit Jabil NYSE: JBL is a provider of electronic manufacturing services. Jabil designs and manufactures electronic circuit boards for major OEMs in a diverse group of industries including automotive, computing and storage, consumer products, medical, networking, peripherals and , TVS Electronics TVS Electronics is part of the USD3.5Bn TVS Group of India. TVS Electronics designs, manufactures and distributes IT products, dot matrix printers, point of sale terminals, printer supplies, keyboards, mouses, uninterruptible power supplies, and set top boxes. , Solectron Centttm, LG Electronics, Tata Infotech, Samsung India, Celetronix India and Bharat Electronics. Emerging new players include D-Link and WeP while Samtel and Tyco are significant and will continue to emerge as major exporters. Nokia and Elcoteq are expected to set up manufacturing plants for handsets in south India South India is a commonly used term that is used in India to refer to the South-of-India or Southern India. The Southern part of the Indian peninsula is a linguistic-cultural region of India that comprises the four states of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu and the . |
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