Massive Growth Ahead for India’s EMS Sector

India’s Electronics Manufacturing Services (EMS) sector is expected to witness massive growth over the next five years, according to a KPMG India report. The market is projected to reach $150 billion by 2030, driven by domestic demand, government incentives, and the China Plus One strategy attracting global companies.

However, India currently holds only 5–6% of the global EMS market, with limited presence in design and intellectual property segments. The report highlights heavy dependence on imports (80–95%) for critical components, impacting profit margins. It recommends a shift toward value-added manufacturing and stronger focus on advanced sectors like automotive and aerospace, along with collaboration between government and industry.