Introduction The Indian Electronics & It Industry Is The Fastest

  • June 2020
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Introduction The Indian electronics & IT industry is the fastest growing sector of Indian industry. It has recorded a production of Rs. 68,850 crore during the year 2000-01, and is likely to achieve a production of Rs. 368,220 crore during the year 2008-09. Thus the industry has grown by a factor over by five times during the last eight years. The software industry which was worth Rs. 37,750 crore in 2000-01 is likely to achieve a production of Rs. 273,530 crore during the year 2008-09. Software exports have become an important part of India’s exports, and India’s international image. Indian Software exports have risen from Rs. 28,350 crore in 2000-01 towards estimated figure of Rs. 216,300 crore in 200809. This success in software has been built on the foundations of public investments in human capital, outward orientation in policies, and a highly competitive private sector industry. The Economic Planning Group maintains a database of production and exports data relating to Electronics and IT-ITeS industry. This data is collected from different manufacturing and service industry and industry associations. The data is released on as annual basis through the Annual Report of DIT. Electronics Production Indian Electronics and IT Industry Production Profile: 2008-09 The Software and services industry which is export driven continues to dominate Electronics & IT Industry. In 2007-08, the Indian Software and services industry exports witnessed a moderate growth, its total exports reaching Rs.164,400 Crore (US $ 40.4 Billion), an increase of 16.6 per cent in rupee terms and 29.9 per cent in dollar terms over the previous financial year. In 2008-09, the total value of software and services export is estimated at Rs. 216,300 Crore (US$ 47 billion), an increase of 31.6 per cent in rupee terms and 16.3 per cent in dollar terms. The production and growth trend of the Indian Electronics and IT/ITeS industry since 2003-04 has been as follows: Year 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09

Production (Rs. Crore) 118,290 152,420 190,300 244,000 295,820 368,220

Growth (%) 21.9 28.9 24.9 28.3 21.2 24.5

The performance of electronics & IT industry in 2008-09 has shown sustained growth. It has registered higher growth in 2008-09 as compared to 2007-08. Though a part of this improved performance is due to impact of Rupee Depreciation in 2008-09, the fundamentals of IT-ITeS industry continue to inspire confidence in Investors as indicated in net increase in employment in the sector.

Computer Industry The computer hardware & peripheral industry opened a lackluster performance during 2008-09. SMEs, retail, BPO/IT-enabled services and corporate sectors demonstrated restraint in IT purchases due to concerns of liquidity and general economic performance. The demand for Personal Computers (PCs) has remained sluggish. Deteriorating overall business condition has made a dent on demand in 2008-09, which is reflected in the decelerated growth rate in production of computer hardware. Most hardware companies import almost 70 per cent of their raw material requirement. Depreciation in the Indian rupee adversely affected the raw material cost and continued to impact the industry margins and arrested the price drops in IT products. The overall PC sale for 2008-09 is expected to drop to 6.71 million as against 7.34 million during 2007-08. A total of 5.27 million desktops and 1.5 million notebooks estimated to be consumed in 2008-09. Desktop sales estimated to decline by 4% while that of notebooks 21%. The slowdown in consumption can be attributed to the dampening of consumer sentiment in India due to the global economic crises, especially in the second-half of 2008-09. The production figure for this segment for the year 2008-09 is estimated to be Rs. 13,490.00 crore with growth plummeting by 15 per cent. IT Booth In today’s modern world, few households manage without a home computer. Whether it be to enable you to occasionally work from home, manage your household budget or talk to loved ones ‘face to face’ around the world, a home computer has countless benefits. Whilst home computers make our lives easier, we recognise that choosing the right IT package and assembling, securing and maintaining it can be a daunting experience. IT Booth can define the optimum solution for you. That’s why we’ve created hassle free packages for you to choose from. Please click on any of our underlined services below to view detailed descriptions. If you are not sure which package will suit your needs, we can offer an initial jargon-free consultation with an IT Booth consultant, who will then create a written report detailing a bespoke home computer package to fulfil your specific requirements. An IT Booth Consultant will meet with you to discuss your specific requirements. Within 72 hours you will receive a report from your consultant defining a custom-built package to fulfil your IT needs. The price of this service will be deducted from the total cost of your bespoke package should you continue to employ our services. IT Booth specialise in the installation of laptops, PCs, monitors, printers, scanners, web cams and wireless network equipment. We can design a bespoke and stylish IT infrastructure in accordance with your unique requirements. In addition, you’ll be pleased to learn that our IBM certified consultants can install and configure a variety of hardware components to reduce your IT energy bill by up to 30%.

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