"Indian Consumer Electronics market to amount US$75.77bn in 2023"

Indian Consumer Electronics market to amount US$75.77bn in 2023

There are more than ten thousand consumer electronics and home appliances brands operating in India (Local and International). Expected revenue in the Indian Consumer Electronics market amounts to US$75.77bn in 2023. The market is expected to grow annually by 5.61% (CAGR 2023-2027). India currently has more than 400 registered domestic manufacturers of consumer electronics. Great numbers and growth potential for Indian Consumer Electronics Industry.

With such growth rate and potential, the need of standardized service and post purchase customer experience cannot be ignored. Most customers who are dissatisfied with a brand are those who had a bad post purchase experience. Even the best products of best brands need service and repair. For many brands it is the make-or-break moment. Selling a product to the customer is just the first step of the customer journey with the brand. Loyalty of the customer is built post this step. Many brands miss this important point and are always looking out for new customers and markets, ignoring the fact that it is equally important to sustain their existing customer base. Many brands fail because they expand their markets through distribution but are not able to cope up with the pace of expansion, when it comes to providing customer service.

"SERVIZ" is conceived and launched to solve this problem for brands and their customers.

By collaborating with a dedicated platform like "SERVIZ," consumer electronics brands can offload the burden of post-sale customer support and focus on improving product quality and innovation. This specialized service can help brands ensure that their customers receive timely and efficient assistance when they face any issues with their purchased products.

Let consumer electronic brands and manufacturers concentrate on delivering great products, SERVIZ is here to take care of the post-sale experience of the customers.

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