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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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Infineon completes acquisition of GaN Systems, becoming a leading GaN powerhouse 

In a significant move towards advancing energy-efficient and carbon-saving solutions, Infineon Technologies AG has successfully closed the acquisition of GaN Systems Inc., an Ottawa-based company renowned for its expertise in gallium nitride (GaN)-based power conversion solutions and application knowledge. All necessary regulatory approvals were secured, officially marking GaN Systems as part of the Infineon family.  The acquisition, an all-cash transaction, …

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