Updated Dec 23, 2020 | 20:21 IST
Although the electronics industry saw growth in the pandemic hit year, growth remained constrained due to supply bottlenecks and unavailability of stock. We take a look at what products were hit the most. Representational Image
Key Highlights Instead of four to eight weeks, goods are reaching Indian ports after almost 16 weeks now, says Mitesh Mody of the All India Electronics Association
Sales growth of entry level laptops, TV sets and smartphones were impacted the most
According to Kumar Rajagopalan, CEO of RAI, about 10-12% of loss of sales can be attributed to supply chain inefficiencies
While on one hand demand surged for electronics this year owing to the new normal of working and studying from home, on the other hand, supply chain issues affected stock availability. With a sudden steep surge in demand in the past few months, manufacturers faced a shortage in the supply of critical components. This was becaus