Consumer electronics generated $3.89 bln in India in 2006

The consumer electronics market is one of the largest segments in the electronics industry in India. With a market size of $3.89 bln in 2006, catering to a population of more than 1 bln people, the consumer electronics industry in India is poised for strong growth in the years to come. iSuppli Corp. predicts the Indian audio/video consumer electronics industry will grow to $6.59 bln by 2011, rising at a Compound Annual Growth Rate (CAGR) of 10.0% from $4.5 bln in 2007.