(Last Updated on : 20-09-2014)
If one can direct his/her attention to the times of the manufacture of radio receiving sets in private sector, in late forties, the electronics industry has achieved very quick progress. In 1983 its total production was worth Rs. 1.360 crores. This illustrates virtually a five times growth. In a single year of 1987-88, growth was 37.7%. The industry has a very vast range of production, like consumer electronics, principally radio and television sets, control instruments and industrial electronics, computer system, communication and broadcasting equipment, aerospace and defence equipment, and electronic components. India has surfaced as one of the leading exporters of electronic goods. Besides hardware, India has garnered high reputation in the production of software and has impressive international market. Electronics is the fastest growing sector of Indian economy. In 1997-98 its production was worth Rs. 32,070 crores, 92 % increase from the previous year. Exports in the same year had reached Rs. 9,500 crores. By the end of 9th Five Year Plan, it is expected to surpass 49,000 crores of rupees. Similar to industrial estates, Electronic Technology parks are being developed in various centres.