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Full-scale EMS solutions from India
Global SourcesUpdated on 2023/12/01
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by Stef Calimlim (Content Editor)
The next big global electronics manufacturing hub
Boosted by strong government initiatives, a highly skilled workforce and competitive labor market, India’s electronic manufacturing industry continues to move up in the global supply chain, making the world’s second-largest mobile manufacturer a viable destination for international trade and business.
Unprecedented industry growth
India’s domestic electronics production has experienced significant growth, achieving an overall production of $75 billion in 2021 despite limitations brought about by the COVID-19 pandemic. The industry is projected to reach $300 billion by 2024 to 2025. According to Research and Markets, the growing demand for telecom equipment, home entertainment, and consumer and automotive electronics is projected to drive more growth in the country’s EMS market.
Strong policy support
India attributes its high production growth and demand to the strong government support provided through major technological programs and initiatives such as the Make in India, Digital India and Start-up India. The government has also been proactively finding solutions to alleviate the global semiconductor ship shortage through discussions with major global suppliers like the Taiwan Region. Furthermore, the country’s Production Linked Incentive (PLI) scheme, which promotes domestic production and reduction of dependence on a single market, has been a game-changer for domestic manufacturing companies.
Why source from India
India has more than 100 EMS manufacturers ready to serve the global market expertise with competitive in-house design, manufacture, testing, distribution and after-sales services.
Home & Office
PCBAs
Electronic Circuits
Watch the video to see how to source from India on Global Sources Website
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