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14 Mar 2019 | South Asia, Middle East & North Africa | Market Research
Opportunities for Electronic Manufacturing Services (EMS) industry in India
Cost-effectiveness and burgeoning domestic electronics market coupled with favorable Government policy support is expected to have a positive impact on the EMS market
Favorable Government policies, Make in India initiative and rising costs in China are the key factors for rise in local manufacturing. EMS market is expected to grow at a CAGR of 38.1% till FY23 from the current market value of INR 56,000 Crore. Mobile phones, Telecom, and Consumer electronics and appliances were the sectors that contributed to E...
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