In its first-ever Indian tablet market study, MAIT has put the growth rate at 40% over the next five years, compounded annually.Â
Commenting on this new opportunity, Dr. Alok Bhardwaj, President, MAIT, said, “The tablet market is the new blue-eyed growth opportunity in India.  It is fast becoming one of the drivers of rapid growth in the IT content consumption and hardware sector in India.”Â
“We expect the market to touch 1.6 million units in the current financial year and grow to touch 7.3 million units by 2015-16,” added Dr. Alok.
J. V. Ramamurthy, who took over as the new MAIT President, said, “The tablet market is expected to grow at around 40% CAGR annually over the next five years. It is an evolving market and we expect to see the emergence of value-based tablet devices as an important segment.” Â
