Apple: India’s computer market to grow 5.1% annually over next five years: report

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.

• Web Development

  Advanced C++ Mastery: OOPs and Template Techniques

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Artificial Intelligence(AI)

  AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence

  By – Ritesh Vajariya, Generative AI Expert

  View Program

• Office Productivity

  Mastering Microsoft Office: Word, Excel, PowerPoint, and 365

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Marketing

  Future of Marketing & Branding Masterclass

  By – Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant

  View Program

• Data Science

  MySQL for Beginners: Learn Data Science and Analytics Skills

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Finance

  A2Z Of Finance: Finance Beginner Course

  By – elearnmarkets, Financial Education by StockEdge

  View Program

• Web Development

  Advanced Java Mastery: Object-Oriented Programming Techniques

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Astrology

  Vastu Shastra Course

  By – Sachenkumar Rai, Vastu Shashtri

  View Program

• Finance

  AI and Generative AI for Finance

  By – Hariom Tatsat, Vice President- Quantitative Analytics at Barclays

  View Program

• Office Productivity

  Zero to Hero in Microsoft Excel: Complete Excel guide 2024

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Strategy

  ESG and Business Sustainability Strategy

  By – Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader

  View Program

• Data Science

  SQL for Data Science along with Data Analytics and Data Visualization

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Artificial Intelligence(AI)

  Tabnine AI Masterclass: Optimize Your Coding Efficiency

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Artificial Intelligence(AI)

  AI and Analytics based Business Strategy

  By – Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI

  View Program

• HR

  Human Potential and the Future of Employment

  By – Lynda Gratton, Prof. at London Business School, Speaker, Author, Global Thought Leader

  View Program

• Artificial Intelligence(AI)

  Master in Python Language Quickly Using the ChatGPT Open AI

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

• Strategy

  Succession Planning Masterclass

  By – Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.

  View Program

• Marketing

  Digital marketing – WordPress Website Development

  By – Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert

  View Program

• Web Development

  Java 21 Essentials for Beginners: Build Strong Programming Foundations

  By – Metla Sudha Sekhar, IT Specialist and Developer

  View Program

“Other policies including production-linked incentives may be considered to expand the domestic manufacturing industry,” the report asserted.

Discover the stories of your interest

India’s regulatory risks have fallen below its peers in recent years, making reshoring there more attractive, it noted. India is gradually becoming a hub for electronics manufacturing, particularly smartphones and laptops.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}