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. Read more.
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