Consumer Electronics Manufacturers Expand Horizons, Leverage Government Incentives
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Chinmay
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February 6, 2025
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India, News
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Amber Enterprises, automotive, Consumer Electronics, Dixon Technologies, Indian Industry Growth, IoT, Localization, Lumax Industries, manufacturing, PLI Scheme, Uno Minda
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India’s consumer electronics and automotive component industries are witnessing a strategic shift as leading manufacturers expand into new domains, driven by government incentives and increasing localization efforts. Contract manufacturers such as Dixon Technologies, Amber Enterprises, and Epack Durables are diversifying into automotive component manufacturing, while auto parts giants like Uno Minda, Lumax Industries, and Hella India Automotive are expanding their …
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India’s Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27, Driven by Government Initiatives
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Hrishikesh
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August 28, 2024
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India, News
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Amber Enterprises, Apple, Component Manufacturing, Dixon Technologies, Electronic Manufacturing Services, Electronics Production, EMS Market, Foxconn, FY27, Global Value Chains, Government Initiatives, Growth, GVC, india, Industrial Infrastructure, investment, market leadership, NITI Aayog, Pegatron, PLI, Production Linked Incentive, samsung, Semicon India, Technology Transfer
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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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