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India's Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27

India’s Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27, Driven by Government Initiatives

India’s electronic manufacturing services (EMS) market is on a robust growth trajectory, expected to surge from $17.5 billion in FY22 to $72.2 billion by FY27, reflecting a compound annual growth rate (CAGR) of 32%, according to a recent report by Motilal Oswal Financial Services. This remarkable expansion is fueled by a series of government initiatives aimed at boosting the domestic …

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