“India’s Rs 25,000 Crore Push to Transform the Electronics Components Industry”
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Chinmay
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January 6, 2025
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India, News
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Camera Modules, Component Manufacturing, Electronics Components Incentive, Electronics Manufacturing, India electronics industry, Lithium-ion Cells, Local Value Addition, PCBs, PLI Scheme, self-reliance
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India Gears Up for a Major Boost in Electronics Manufacturing The Indian government is set to launch an ambitious incentive scheme worth ₹25,000 crore (nearly $3 billion) to bolster the domestic manufacturing of electronics components. Approved by the finance ministry, this scheme aims to reduce India’s reliance on imports, enhance local production capabilities, and achieve a local value addition of …
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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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