Electronics hardware exports up 30% in FY07

Electronics hardware exports up 30% in FY07
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First Published: Thu, Sep 20 2007. 05 19 PM IST
Updated: Thu, Sep 20 2007. 05 19 PM IST
PTI
New Delhi: The country exported electronics hardware worth Rs12,500 crore in 2006-07, up 30% from 2005-06, with North America accounting for more than a quarter of it at Rs3,410.95 crore.
As per estimates of Department of Information Technology, 125 countries imported software while 191 countries imported hardware from India in 2006-07. In 2005-06, the electronics hardware export was worth Rs9,625 crore.
The Working Group on Information Technology for the Eleventh Five-Year Plan (2007-2012) pegs the export of electronics hardware at $5.9 billion by 2010-11.
EU imported electronics hardware worth Rs3,187.82 crore while shipments to Singapore, Hong Kong and other South Asian countries were worth Rs2,640.86 crore. Japan, Korea and other Far East nations bought goods worth Rs710.19 crore.
The Middle-East imported hardware worth Rs1,360.46 crore and non-EU countries fetched Rs70 crore. Other importers include Australia and other Oceanic countries (Rs90.51 crore), Africa (Rs512.42 crore), Latin America (Rs242.94 crore) and Russia and CIS countries (Rs274.47 crore).
While North America tops with 27.29% of the total exports, EU is second with 25.50% followed by South Asian countries at 21.13%. Middle-East has 10.88% share in the total exports.
Officials said exports to Australia and other Oceanic countries (0.72%) and Latin America (1.94%) have to increase in the future as they account very less now.
Top items of electronics hardware exports included uninterrupted power supply (UPS), colour TVs, CD recordables, memory cards, picture tubes, medical equipment and optical fibre cables.
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First Published: Thu, Sep 20 2007. 05 19 PM IST