http://m2i-int.com/electronic-manufacturing-services-in-india/

Indian EMS market has grown significantly in the last two years. Several China-based firms have set-up their manufacturing facilities in India.

At present, the EMS market is  Total Demand Domestic Production (at current CAGR) ESDM Market in India – by Value estimated around $2.8 billion, which has grown significantly in last two years; further, it is expected to reach $13.2 billion by 2020. The market is showing strong growth in all areas especially smartphone manufacturing, which has been good indicator of kind of growth happening in this industry.

Nearly 42 global firms have set-up their manufacturing facilities in India in past two years. High demand and competitive market for white goods, IT equipments, smartphones and other electronic devices is acting as a key driving force behind growth of EMS market in India. Also, government initiatives such as Digital India, Make in India and Smart Cities are also making significant contributions. On top of that, central and state governments are providing several incentives to make India-based firms compete with other countries. In last two years, top EMS firms including Foxconn, Compal, Flextronics and Wistron have set-up their operations in India and more expected to join the bandwagon