India chasing China in electronics.Scottsdale, AZ -- India will be the fastest-growing electronics market the next few years, In-Stat 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 billion 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. [TEXT NOT REPRODUCIBLE IN ASCII ASCII or American Standard Code for Information Interchange, a set of codes used to represent letters, numbers, a few symbols, and control characters. Originally designed for teletype operations, it has found wide application in computers. ] 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 Centum cen·tum adj. Designating those Indo-European languages, including the Italic, Hellenic, Celtic and Germanic subfamilies, that merged the palatal velar stops with the plain velars k, g, gh , LG Electronics, Tata Infotech, Samsung India, Celetronix India and Bharat Electronics. Emerging players include D-Link and WeP, while Samtel and Tyco will continue to emerge as major exporters. Nokia and Elcoteq are expected to set up manufacturing plants for handsets in south India. |
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