phablets

India’s IT hardware industry grew 24% in FY 2015

MAIT, the apex body representing India’s IT hardware, training and R&D services sectors recently announced the findings of its Annual Industry Performance Review for the financial year 2014-15. According to the findings, the overall size of Indian ICT Hardware Market Stands at $15.87 billion, showing a growth of 23.98% over the previous year. This segment includes PCs, Desktops, Phablets (Screen size 5 inch and more), tablets (screen size greater than or equal to 7 inch), smartphones, servers, and peripherals. However, the total PC sales (desktop computers and notebooks) stood at 106.2 lakh units, registering negative growth of 10% over the last fiscal.