Total import of electronics goods grew over 15 per cent to reach an estimated Rs 2,25,600 crore in 2014-15 over the previous fiscal, Parliament was informed today. “The total import of electronics goods during 2012-13, 2013-14 and 2014-15 (estimated) as per the figures of Directorate General of Commercial Intelligence and Statistics (DGCIS) was Rs 1,79,000 crore, Rs 1,95,900 crore and Rs 2,25,600 crore, respectively,” Minister of Communications and IT Ravi Shankar Prasad said in a written reply to the Lok Sabha.

He added that the total production of electronic goods based on figures provided by the respective Electronics Industry Associations was Rs 1,64,172 crore, Rs 1,80,454 crore and Rs 1,90,366 crore during 2012-13, 2013-14 and 2014-15 (estimated), respectively. “The comparison of total production with import of electronic goods suggests that the indigenous production of electronic goods is not sufficient to meet the domestic demand,” he added.

http://economictimes.indiatimes.com/industry/cons-products/electronics/electronic-goods-imports-rise-15-to-rs-225600-crore-in-2014-15/articleshow/51224855.cms

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