The electronics manufacturing services industry in India is a rapidly growing sector and is forecasted to grow to 8.3 billion U.S. dollars by 2020. (Source: Statista)
The industry is primarily focused on the production of consumer electronics, such as televisions, smartphones, laptops, and other household appliances.
Additionally, the rise of domestic consumption, rising disposable income, and increasing demand for consumer electronics are driving the industry's growth.
India has a large pool of skilled labor and a growing engineering talent base, which has further helped to attract investment in the industry.
The global electronic devices market is expected to be $ 2.9 Tn in 2020. India’s share in the global electronic systems manufacturing industry has grown from 1.3% to 3.6% during 2012 - 2019. (Source - Invest India)
There are more than 12,000+ EMS companies in India and over 53,000+ EMS companies in the United States.
The top 10 EMS companies in India are the following:
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