'Indian electronic goods sector to reach $75B by '17'
The Indian electronic products industry is expected to grow at a compound annual growth rate of 10.1% to reach $75 billion by 2017 from $61.8 billion in 2015, an Assocham report stated. With higher penetration across consumer products, particularly in semi-urban and rural markets and government initiative for infrastructure development, there exists scope for expansion of this industry, it said.