Electronics market to reach Rs 20 lakh crore by 2020
The electronics market is expected to reach Rs 5 lakh crore by this year-end, and Rs 20 lakh crore by 2020, according to the Associated Chambers of Commerce and Industry of India.
The e-commerce market in the country, which is growing at an estimated 40-45 per cent on a compounded aggregate growth rate basis vis-a-vis a global growth rate of 8-10 per cent, is likely to touch Rs 50,000 crore this year, says a recent study.