Indian TV market to generate $4 bln by 2011

India’s television market is set to grow to 18.7 mln units by 2011, expanding at a Compound Annual Growth Rate (CAGR) of 9% from 12.1 mln units in 2006. On the revenue side, overall television sales will reach $4 bln by 2011, rising at a CAGR of 9.6%, up from $2.5 bln in 2006, according to iSuppli.