The total electronic equipment production in India will reach US$32 billion in 2011, compared to $14 billion in 2006, a compound annual growth rate (CAGR) of 18 percent, according to Gartner. Semiconductor consumption in India will more than double from $2.8 billion in 2006 to $7.2 billion in 2011. The growth in electronic equipment production is being bolstered by the rapidly growing demand for electronics equipments in India.
http://www.cellular-news.com/story/17101_print.php The GSM Association recently announced that its Emerging Markets Handset program is exceeding expectations: mobile operators in Bangladesh, China, India, and Russia have already purchased 12 million of its Ultra Low Cost Handsets (ULCH). But will the initiative reach the rest of the three billion unconnected peoples in emerging markets?