Electronics System Design & Manufacturing in India to reach US$ 228 billion by 2020 says @IESA_ONLINE and @EYnews report pic.twitter.com/o4CtJ4fwAT— Press Release Watch (@PrReleaseWatch) February 21, 2017
Other highlights pointed out that, the domestic manufacturing for Electronic Products has been growing at a CAGR of 17% which is expected to increase further over next 5 years. Electronic Manufacturing Services segment has seen a huge growth over the past two years and has grown from $0.5bn. in 2013 to $1.0 bn. in 2015. Indian EMS market is estimated to witness exponential growth of 42-68% over the next five years to reach US$6-13.2 billion.
