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Hardware exports touch Rs 8,000 cr in 2004-05: ESC

Our Bureau

New Delhi , July 4

ELECTRONIC hardware exports from the country is estimated to have touched Rs 8,000 crore during 2004-05, according to provisional estimates by the Electronics and Computer Software Export Promotion Council (ESC).

"Highlights of the year's performance were the accelerated growth in exports of telecom equipment and consumer electronics. The growth rate for 2004-05 works out to 3.90 per cent," Mr D.K. Sareen, Executive Director, ESC, said in a statement here.

The electronic hardware segment consists of consumer electronics, telecom equipment and cables, instruments, electronic components and computer hardware. Of these, electronic components accounted for a lion's share of exports from the country, at 47.5 per cent . In absolute terms, export of electronic components has increased from Rs 3,755 crore in 2003-04 to Rs 3,800 crore in 2004-05, registering a marginal growth of 1.20 per cent.

"The lacklustre performance of the electronic components is being closely looked into to identify the reasons behind it. Our belief is that it could be a just a freak phenomenon. We expect that export of electronic components will pick up considerably in the current fiscal year," Mr Sareen said.

Significantly, exports of consumer electronics have registered a growth of 39.3 per cent in 2004-05 as compared to the previous year.

In absolute terms, exports have estimated to have touched Rs 1,150 crore in 2004-05 from Rs 825 crore in 2003-04. Consumer electronics exports constitute roughly 14 per cent of the total electronics hardware exports from the country.

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