The global consumer electronics industry has grown at a fast pace in the past few years and the annual growth rate in the current year 2013 is slated to remain strong and steady. While young buyers (with their fascination for latest technologies) seem to be the most avid purchasers as far as Consumer Electronics are concerned, the old buyers are not much far behind in this respect. A recent survey conducted by a prominent market research firm indicates that consumers in urban markets are already spending a large portion of their income on acquiring the latest Electronics devices. China is…