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The IT Industry of India has been growing rapidly day by day in this fast-paced world. There has been tremendous development in the technology ecosystem. During the Covid-19 pandemic, new software, technology, electronics goods have been in the limelight. Not to forget, there are some great markets in India that make IT goods readily available at a very affordable and reasonable rate. Here is a list of the Top 7 IT Markets in India to buy the best IT products and solutions.
Nehru Place, Delhi
Nehru Place Market is known to be the biggest IT hub and market in India. Located in a prominent commercial area in the southern part of New Delhi, this marketing is extremely popular for IT equipment. It can be labelled as the ultimate epitome of the Indian IT industry. Top high-end brands have direct contact and dealership here. With more than 3000 shops, this market in south Delhi generated annual revenue of about Rs. 5000 crores. According to reports, this IT hub is known for having a daily turnover of around Rs. 10 crores. Several manufacturers and shop owners have authorized partnerships as well.
Ritchie Street, Chennai
Ritchie Street is considered to be the second-largest electronic and commercial market for IT equipment after Nehru Place. It is an unauthorized shopping hub for IT goods, chiefly from China and Korea. It is spread across Wallers Street, Mount Road and the nearby areas of Chennai, India. The streets are extremely crowded and are infamous for selling pirated video games and movies. According to recent reports, this street has over 2,500 shops employing 15,000+ people. The annual turnover of this IT hub is over Rs. 2,000 crores.
Lamington Road
Lamington Road is an immensely popular electronic retail and wholesale market in India. It is located near the Grant Road Station, which is situated in South Bombay. The market deals with IT goods especially computers, printers, wireless equipment etc. at rates lower than the maximum retail price as they have high turnover. Lamington Road is the third-largest unauthorized IT market in India for electronics goods. They sell both the latest and outdates electronic goods and parts. They have around 1,200 shops. This market’s annual turnover is nearly Rs. 2,500 crores. At least 80% of the goods sold here are directly imported from China.
SP Road, Bangalore
The SP Road is labelled as a place where a lot of start-ups take place. It is popular for its electronic goods, from high-end video game accessories to affordable speakers, everything is readily available in this market. This area is the biggest electronic market in South India with around 1,500+ dealers and a turnover of around Rs. 1,200 crores per year. Not just the latest goods, this market also repair electronic items with a lane filled with repair shops and retailers of mobile phones, home appliances etc.
Chenoy Trade Centre, Hyderabad
The CTC located in Hyderabad is extremely popular and dominant in the IT sector. It is the city’s only and the largest centre for computers for over 30 years. This IT Market offers the best deals on electronic goods like computers, mobiles etc. It is located in a six-storey building and has managed to employ a lot of people. From printers, mobiles and laptops to storage devices and other hardware goods, everything can be found here. The repair shops and resellers also discard their old products in exchange for new ones. Some stores here label themselves as “resellers hub”.
Chandini Chowk Market, Kolkata
The solution to all technical equipment crises in Kolkata is Chandni Chowk Market. It is one of the busiest markets in the city and a place where all tech enthusiasts are found. With more than 1,500 shops, this market is a source of employment for thousands of people. Not just computers peripherals, this IT Market has a lot to offer from fancy headphones to back covers for your smartphones. All the products here are extremely affordable and pocket-friendly.
Penta Menaka Complex, Kochi
Located in a well-built and high-end neighbourhood to Marine Drive is Kochi. Often known as the city’s favourite place to hang out. It is also a place where people can get the best electronics. There are several duty-free shops to provide instructions and insights into the peripherals of IT and computers. Here a lot of expensive phones and equipment are available at a reasonable and affordable rate. There are over 260 shops in this complex, employing approximately 1,000+ people.
Compiled by: Aditri Priya, DQ Channels