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Electronic goods import increased to Rs 2,25,600 crore in 2014-15

The total import of electronic goods has grown 15 percent and reached an estimated Rs 2,25,600 crore in 2014-15 over the previous fiscal.

Ravi Shankar Prasad, the Minister of Communications and IT has said in a written reply to the Lok Sabha that “The total import of electronics goods during 2012-13, 2013-14 and 2014-15 (estimated) as per the figures of Directorate General of Commercial Intelligence and Statistics (DGCIS) was Rs 1,79,000 crore, Rs 1,95,900 crore and Rs 2,25,600 crore, respectively.”

He said further that electronic goods total production based on figure given by the respective Electronic Industry Association was Rs 1,64,172 crore, Rs 1,80,454 crore and Rs 1,90,366 crore during 2012-13, 2013-14 and 2014-15 (estimated), respectively.

He added that “The comparison of total production with import of electronic goods suggests that the indigenous production of electronic goods is not sufficient to meet the domestic demand.”

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