India’s appliances and consumer electronics market is projected to double to reach $21.8B by 2025. The production of consumer electronics contributes to over 17% of total electronics produced in India.
Consumer electronics shopping behavior on post-COVID lists would be for bigger ticket purchases, such as land, vehicles, interiors, and smart interactive gadgets, such as televisions, tablets, gaming consoles, cameras, and wearables.
An appliance company sought a new manufacturing partner for their induction cooktop coil assemblies and controller subsystems.