NEW DELHI: On the back of increasing demand of consumer electronics, sales of hardware in the country is poised to touch 360 billion dollar mark by 2015, industry body PHD Chamber said.
"We are very bullish on the Indian market and looking at 17-20 per cent growth in the current year. Last year, our turnover was Rs 9,500 crore compared to Rs 8,250 in 2006. We aim to end the year with a topline of Rs 11,500 crore," LGEIL's Director (sales & marketing), V Ramachandran told PTI.

These would include units brought through imports and those produced domestically, it said in a statement.

"Electronics hardware consumption in the country, which is growing at 30 per cent will be one of the fastest growing segments in the country, creating large scale employment opportunities," chamber's President L K Malhotra said.

The production of electronics hardware, which includes strategic electronics, consumer electronics, computers, communication and broadcasting equipment, is around 16 billion dollars at present, less than one per cent of the world output, the release added.

"Our efforts should be to take the domestic production of electronics hardware to 150 billion dollars by 2015 and to increase the global share to five per cent," Malhotra added.