Key Market Indicators
Indian computer hardware exports are projected to nearly $25 million by 2028 from approximately $24 million in 2023, marking a modest annual growth rate of 0.4%. This growth trend has been consistent since 1993, with the supply increasing by an average of 0.6% annually. On the other hand, Indian computer hardware imports are expected to surge to about $1.6 billion by 2028 from around $1.4 billion in 2023. This represents a more robust annual growth rate of 2.3%. Since 1993, the demand for imported computer hardware in India has been on a steady upward trajectory, averaging an annual increase of 3.5%.
