A world without electronics is no less than being a handicapped. Every generation needs electronic products to foster the lifestyle of the people belonging to any particular generation.
Today, with the advent of innovations various electronic products have entered the market with empowered technology. These are known to bring a huge transformation in the industry on a continuous basis while both technology and electronics are running parallel to each other.
The Indian electronic industry has shown a steep hike following the rapid development in 1990s. Since then, the market has witnessed a growth of nearly about 30% per annum purely driven by the consumer electronics that keep on changing with the changing trends and generations.
The electronics industry in India is driven mainly by the mobile phones, computer and computer component sectors. According to the industry resources nearly about 75% of the total Indian populace live beyond the poverty line and these are those who have sufficient disposable income to fulfill the need of consumer goods like mobile phones and computers.
Mobile phones have increased tremendously in the country. People are switching over to new and better mobile technologies adorned with digital media, mailbox service provider, and a range of exciting features. Some of the mobile phones are highly technical that they have the power to resolve the daily issues just with one click. For example, many people use mobile phones to maintain their note diary, to set reminder for appointments, send and receive e-mails, chat with the clients, feed contact numbers under speed dialing based on requirement, to read important doc files, and a variety of other functions as well.
Currently, there are number of mobile phone service providers in India comprising Vodafone, Airtel, Idea, Reliance, and Tata Indicom. As the mobile phone market is growing in India, many foreign investors like Apple, the leading brand of iphones and MP3 players, are also approaching the country for better growth prospective. All these companies are in competition with each other to produce the best of mobile phones empowered with advanced technology to satisfy the needs of the consumer market.
The next in line is the computer technology is taking a swift turn because of the growing software industry in the country. India is believed to be the leading software service provider across the globe. With this the advancements in computer technology is much obvious. The transformation of box monitors to sleek and slim LCD screens was one revolution brought past few years. Thereafter, other advancements entered the computer market and the latest trend calls for the increasing demand of laptops.
Laptops have become the blue chip of the computer stock market, a chip without which the life of the industry is meaningless. Laptops are simply defined as movable computers or you can even tag them as ‘computers on wheels’.
The introduction of laptops in India has given a big leap to the software industry as now people are not bound to a specified place for exchanging mails and data. Officials, professionals and business man can do their entire job just with few clicks sitting anywhere across the boundaries. The ease and comfort of working and doing business has tremendously increased.
Furthermore, the electronic industry is yet to see new advancements with the proposed innovations and new talents entering the market.