India has emerged as one of the global electronics manufacturing hubs when it comes to electronics manufacturing sector. With fast growing economy, Skilled workforce and most important one is government’s support and policies to promote domestic electronics manufacturing makes it attractive for business to manufacturer in India.
The electronics manufacturing industry in India is growing rapidly and the EMS sector is expected to rise to 300 billion dollars by 2025 – 2026 as per sources. The Growth in Indian electronics manufacturing industry has witnessed a significant growth in recent years. From smart phones and consumer electronics to automotive and industrial components, India is becoming one of the key players in electronics supply chain.
The global electronics manufacturing service (EMS ) market is set to grow at a rate of 5.4% CAGR to reach 1145 billion dollars. Which also will factor in India’s growth in Electronics manufacturing services Industry.
Why many business choose to manufacture electronics in India?
It’s no doubt that many businesses are looking to manufacturer electronics in India but why. It’s because of the advantages that comes along with it.
Cost effective electronics manufacturing:
One of the main advantages of electronics manufacturing in India is cost effective manufacturing solutions. This due to many factors such as
skilled workforce for low wages compared to other countries, India has a large pool of work force who are skilled in manufacturing electronics.
Governments initiatives The government of India has introduced production linked incentives to attract and boost domestic electronics manufacturing. The government of India also provide tax incentives which is very much favorable for business who want to manufacturer in India.
The government has made efforts to streamline regulations and improve the ease of doing business, which can reduce operational costs.
And also India has a large and growing middle class, creating a significant domestic market for electronic products. This can lead to economies of scale and cost reduction.
Skilled and experienced Engineers and Technicians
India has strong pool of engineering talents which is very much crucial for electronics manufacturing. India is able to produce skilled engineers and technicians at a low cost comparing to other developed countries.
India’s growing network of technical institutes and universities offer specialized courses and training programs to further enhance the skill set of the workforce. Which helps business to hire the best in market.
This skilled labour force, coupled with competitive labour costs, provides a compelling reason to consider India for your electronics manufacturing operations.
Securing the Supply Chain: Raw Material Sourcing for Electronics Manufacturing:
The growth in electronics manufacturing Eco system is supported by a strong base of electronics components supplier. With strong network of domestic and international supplier of electronics components is a greater advantage to electronics manufacturing companies in India.
More over India is now focusing on semiconductor manufacturing which will help the supply of semiconductors for domestic manufacturers. This bold move from the government of India will boost the electronics manufacturing Eco systems.
When it comes to India It is possible to import electronics components and avail locally which reduces the supply chain risk and uninterrupted electronics product and saves time and money form Business.
India’s strategic location provides easy access to global supply chains, allowing manufacturers to source components and materials from various regions efficiently.
Presence Of global Electronics contract manufacturers:
India is a hub for Electronics manufacturing specially Bangalore and Chennai Both cities are known for manufacturing. Many electronics subcontractors know this and have set up their Electronics manufacturing plans in India.
With many OEMs establishing their presence in India the electronics subcontractors are also shifting to India giving advanced electronics assembly and manufacturing services meeting global standards to india market.
These multinational companies have established manufacturing facilities in India, leveraging the country’s skilled workforce, supportive government policies, and growing domestic market
By partnering with these established contract manufacturers, businesses can access world-class manufacturing capabilities, reduce operational costs, and expedite time-to-market for their electronic products.
Should you consider manufacturing your electronics in India?
India is one of the most favorite market for business all around the world because of the huge market share and potential to scale up and support from government of India to establish in India.
India is focusing more on electronics manufacturing services sector a lot in last few years and seeing a lot of growth potential. This can accelerate the growth of the EMS industry in India. With new semiconductor manufacturing policies and initiatives helps a lot.
The future of Electronics manufacturing services Industry looks good and is showing significant growth as well. With Advantages like cost effective manufacturing, Skilled labour and governments support Starting manufacturing your electronics In India if you are a startup or OEM will be a good move for your Business. Even you can reach global markets by manufacturing in India.
Why choose Tecno systems for electronics manufacturing in India?
Tecno systems is global leader in Electronics manufacturing with over 5 EMS plant across Italy, Tunisia and India and also one competence center in Italy. Our Mission is to provide World-class manufacturing services to business all across the world.
Our Electronics manufacturing plant in India is equipped with advanced assembly lines and manufacturing equipments and coupled with skilled workforce.
We provide all services from Assembling of electronics to shipping it to your locations. Without compromising on quality
Whether you’re a startup or a multinational corporation, Tecno Systems is your ideal partner for electronics manufacturing. Contact us today to discuss your project requirements and experience the Tecno Systems difference.
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