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CETMA expects high demand for DVD players

Our Bureau

NEW DELHI, Feb. 14

THE Consumer Electronics and TV Manufacturers Association (CETMA) is expecting the DVD market in the country to rise to a staggering 10 million by the year 2005, according to its President, Mr Rajeev Karwal.

"CETMA has set a target of 10 million DVD players in Indian homes by 2005. We expect the Indian consumer electronics industry to export DVD players to other countries as well," Mr Karwal said in a statement on Thursday.

"India has excellent manufacturing facilities and consumer spending is indicative of a good response if good quality DVD players are made available to the consumers at affordable prices," he said.

DVDs, which has stormed international markets, is yet to find a large penetration in India.

CETMA feels the Indian electronics hardware industry needs a `major boost' to compete with China in cost effectiveness and numbers in the DVD market.

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CETMA expects high demand for DVD players


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