India’s electronics sector is a $500 bn growth story by 2030; Amber, Kaynes could give 10-20% return
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The electronics manufacturing sector in India is on the cusp of a transformative journey, driven by favourable government policies, increasing domestic demand, and a robust push toward self-reliance. Insights from the CII Electronics Summit underscore significant opportunities in the electronics and semiconductor markets, particularly in component manufacturing, automotive electronics, and emerging technologies. With sustained government and private sector efforts, the sector is poised for long-term sustainable growth. India's total electronics production is projected to grow at a robust CAGR of 26% between CY23-30, reaching USD 500 billion. This includes USD 350 billion from finished goods and USD 150 billion from components. India is emerging as a preferred global destination for electronics manufacturing due to increasing assembly activities and unprecedented demand in the EMS sector, particularly in mobile phones, automotive, and ...