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India's flat panel displays market to more than treble to $18.9 billion by 2025: ICEA

India s flat panel displays market to more than treble to $18.9 billion by 2025: ICEA
Though India has steadily grown into a leading consumer market for display-centric products, it does not currently have a local display manufacturing industry and all display components have to be imported
Sumant Banerji | May 20, 2021 | Updated 23:13 IST
A surge in demand for consumer durables, especially smartphones, is likely to more than treble India s market for flat panel displays from $5.4 billion in 2020 to nearly $19 billion by 2025, a report by electronics association ICEA has said.
The industry body has said the cumulative market in the next 5 years was around $60 billion which is waiting to be tapped by domestic industry. Though India has steadily grown into a leading consumer market for display-centric products, it does not currently have a local display manufacturing industry and all display components have to be imported from overseas suppliers. ....

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