NEW DELHI: The computer market in India is expected to grow 5.1 per cent annually over the next five years, said S&P Global Market Intelligence in a report.
According to the financial information and analytics firm, India’s imports of laptops climbed 10.8 per cent year over year in the three months that ended in August, led by shipments linked to Apple.
If the assembly of laptops expands in India, imports of components may do so too, with mainland China and Hong Kong accounting for sizable imports of computer components (excluding semiconductors) in the 12 months to August 2024.
“That may lead the government to incentivize reshoring of component manufacturing as well as assembly,” the recent report noted. The market intelligence firm believes that India may reintroduce rules limiting imports of laptops during 2025, having previously scaled them back in 2023.
