IMPORT OF IT HARDWARE IN INDIA
IT/Hardware imports grew from 2.467 billion USD in FY 14-15 to 5.94 billion USD in FY 22-23. The sudden surge in imports from FY 20-21 to FY 21-22 for the IT/Hardware is attributed because of factors such as increased remote work and online learning due to the pandemic, driving higher demand for these devices.
