Vijayalakshmi N.S
Before
COVID-19, the modest rate of growth in electronics industry was seen globally.
Post this pandemic, the electronics industry globally has witnessed a double
impact. Production facilities of electronic parts have also been halted because
of a slowdown in logistics along with an unavailability of workforce throughout
the world. On the contrary, different E-commerce giants throughout the world
have discontinued delivery of the non-essential goods including maximum
electronics goods which might affect electronics industry.
Studies
have been done for understanding the electronics industry in India and abroad
based on application, type of products, geography, etc. On the basis of type of
products, market can be classified into SSD, DRAM, Image sensor, MCP, etc. On
the basis of application, market is assessed based on communication equipment, automotive,
industrial, enterprise systems, personal electronic goods, etc. Personal electronics
industry is being expected to be affected the most because of coronavirus
pandemic.
Geographically,
market is assessed into Asia, Europe, North America, etc.
COVID-19, Indian electronic industry,
impact of COVID on retail sector
VOL.13, ISSUE No.4, December 2021