The market is dominated by foreign suppliers, as imports account for 84.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 73.0% of total demand in 2022. India has the fourth largest market size for television and radio receivers, sound and video recording devices regionally, with demand reaching USD12.3 billion in 2022. Samsung India Electronics Pvt Ltd is the largest company in India, generating 24.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 44.3% of total production value in 2022. The total number of companies decreases in 2022, to 75,763 units. The costs of the industry increase by 4.4% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 2.3% of production value in 2022, the 18th highest regionally. The industry’s exports share increases in 2022 to 53.0% of total production output. With production value of USD4.1 billion, India accounts for 2.2% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in India: ISIC 323. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Television and Radio Receivers, Sound and Video Recording Devices in India: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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