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    India Electronic Manufacturing Services Market

    ID: MRFR/SEM/55797-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    India Electronic Manufacturing Services Market Research Report By Service (Electronics Manufacturing Services, Engineering Services, Test & Development Implementation, Logistics Services, Others), and By Industry (Consumer Electronics, Automotive, Heavy Industrial Manufacturing, Aerospace and Defense, Healthcare, IT and Telecom, Others)-Forecast to 2035

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    India Electronic Manufacturing Services Market Infographic
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    India Electronic Manufacturing Services Market Summary

    The India Electronic Manufacturing Services market is projected to grow significantly from 52.5 USD Billion in 2024 to 100 USD Billion by 2035.

    Key Market Trends & Highlights

    India Electronic Manufacturing Services Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 6.03% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 100 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 52.5 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced manufacturing technologies due to increased demand for electronic devices is a major market driver.

    Market Size & Forecast

    2024 Market Size 52.5 (USD Billion)
    2035 Market Size 100 (USD Billion)
    CAGR (2025-2035) 6.03%

    Major Players

    Zebra Technologies, Jabil, L&T Technology Services, Vivo, Sierra Space, Sanmina, HCL Technologies, Rugged LLC, NEC Corporation, Celestica, Wistron, Tata Electronics, Flex, Foxconn, Pegatron

    India Electronic Manufacturing Services Market Trends

    The market for electronic manufacturing services in India is expanding significantly due to a number of important market factors. The 'Make in India' and 'Atmanirbhar Bharat' programs, among other government initiatives, are promoting domestic production and drawing in investments in the electronics industry.

    Furthermore, India is a desirable location for outsourcing electronic production due to its large pool of highly qualified workers and affordable cost structure. This market expansion is further supported by the rising demand for telecom equipment, consumer electronics, and automotive electronics. This dynamic market offers a number of chances to investigate.

    Improved manufacturing capabilities result from partnerships between domestic companies and foreign players that promote knowledge transfer and expand the technology foundation. Recent patterns show that supply chains are becoming more localized as a result of global disruptions and a strong government push to encourage domestic manufacturing.

    This pattern is consistent with recent directions to strengthen local capabilities and lessen reliance on imports. Furthermore, manufacturers are adopting green technology and processes as a result of the increased focus on sustainability and eco-friendly practices.

    The demand for electronic components is further fueled by the widespread use of smart devices and improved connectivity, which fosters growth in the Indian market for electronic manufacturing services.

    Market Segment Insights

    Electronic Manufacturing Services Market Service Insights

    The Service segment within the India Electronic Manufacturing Services Market encompasses a diverse range of offerings that play a crucial role in supporting the overall landscape of electronics manufacturing.

    This segment includes Electronics Manufacturing Services, Engineering Services, Test and Development Implementation, Logistics Services, and various other critical components. The Electronics Manufacturing Services category focuses on the production of electronic components and devices, which is pivotal in keeping up with the escalating demand for consumer electronics in India.

    Given the country's burgeoning technology sector and urbanization, the significance of Engineering Services is highlighted as it provides essential design and development support, facilitating innovation and efficient manufacturing processes.

    Furthermore, Test and Development Implementation remains a cornerstone in ensuring the reliability and quality of electronic products before market release, reflecting the industry's emphasis on adherence to international standards and consumer safety.

    Logistics Services are indispensable for the timely delivery of components, managing supply chains effectively, and addressing the geographical expanse of India's manufacturing hubs. Collectively, these services form a comprehensive ecosystem that addresses market growth driven by increasing digital adoption, government initiatives towards manufacturing self-reliance, and a shift towards sustainability.

    Electronic Manufacturing Services

    The India Electronic Manufacturing Services Market encompasses a diverse range of industries, significantly contributing to the nation's economy. The market includes sectors like Consumer Electronics, where demand for smart devices continues to escalate, driving innovation and production capabilities.

    The Automotive industry is rapidly evolving with the integration of electric vehicles, creating new opportunities for manufacturing services. Heavy Industrial Manufacturing benefits from advancements in automation and robotics, enhancing efficiency and productivity.

    Aerospace and Defense are critical segments where stringent quality standards and technological advancements play a vital role in manufacturing processes. The Healthcare sector is witnessing growth due to the rising demand for medical devices, spurred by increased health awareness and investments in healthcare infrastructure.

    The IT and Telecom sector remains a backbone of modern communication systems, with significant contributions towards research and development activities. Other industries also play a crucial role in diversifying India's Electronic Manufacturing Services Market, showcasing the vast potential for growth and innovation across various segments.

    Get more detailed insights about India Electronic Manufacturing Services Market Research Report - Forecast till 2035

    Key Players and Competitive Insights

    The India Electronic Manufacturing Services Market is experiencing a significant transformation fueled by the rapid advancement of technology and increasing demand for electronic products.

    As a key player in the global electronics landscape, India offers substantial opportunities for manufacturing service providers that cater to various industries including telecommunications, automotive, healthcare, and consumer electronics.

    Competitive insights into this market reveal a diverse array of players striving for a stronger foothold, characterized by investments in innovation, upgrades to manufacturing capabilities, and partnerships with original equipment manufacturers.

    The interplay of domestic and international firms has led to an increasingly competitive environment, where speed to market and quality are essential for gaining market share. This competitive landscape is further shaped by government initiatives aimed at bolstering domestic manufacturing, which attracts significant investment and propels the growth of electronic manufacturing services within the country.

    Zebra Technologies has established a robust presence in the India Electronic Manufacturing Services Market by leveraging its innovative technology solutions, particularly in automatic identification and data capture.

    The company distinguishes itself with its strong product portfolio that includes barcode scanners, mobile computing devices, and other advanced technologies tailored for various sectors such as retail, transportation, and logistics.

    Zebra Technologies focuses on enhancing operational efficiency and supply chain visibility for its clients, which has solidified its position as a trusted partner within the electronic manufacturing domain. The company’s strengths lie in its deep understanding of customer needs, commitment to quality, and the ability to deliver cutting-edge solutions that cater to the dynamically changing market environment.

    The strategic investments in research and development ensure that Zebra Technologies maintains its competitive edge, driving growth and operational excellence in India's evolving electronic manufacturing landscape.

    Jabil operates as a significant player in the India Electronic Manufacturing Services Market, providing a range of services that encompass product design, manufacturing, and supply chain management across multiple industries, including healthcare, automotive, and industrial sectors.

    The company's strengths are rooted in its extensive expertise in electronics and global supply chain optimization, allowing it to respond to intricate customer demands effectively. Jabil's market presence in India has been bolstered by its commitment to innovation and technology, ensuring that the solutions aligned with customer requirements are delivered on time and within budget.

    The company focuses on key products and services such as printed circuit board assembly, system integration, and box build assembly. Additionally, Jabil has pursued strategic mergers and acquisitions to enhance its service offerings and expand its capabilities in the region.

    This approach not only reinforces its market position but also facilitates the introduction of advanced technologies that support growing customer needs, ensuring competitive advantages in the ever-evolving electronic manufacturing landscape within India.

    Key Companies in the India Electronic Manufacturing Services Market market include

    Industry Developments

    The India Electronic Manufacturing Services Market has seen significant developments in recent months, particularly with companies such as Tata Electronics, L&T Technology Services, and Flex strengthening their positions.

    For instance, in July 2023, Tata Electronics announced plans to increase its manufacturing capacity to support rising demand for electronic components, aligning with India's push for self-reliance in electronics production.

    In August 2023, L&T Technology Services secured a multi-million dollar contract from an international client, enhancing its service offerings within the automotive electronics sector. Notably, in September 2023, Vivo expanded its manufacturing facilities in India with an investment aimed at diversifying its product range and increasing local production.

    In terms of mergers and acquisitions, Sanmina acquired a minority stake in an emerging electronics firm in India in June 2023, showcasing the trend of consolidation in the sector.

    Furthermore, growth in this market is supported by government initiatives such as the Production-Linked Incentive scheme, which is expected to enhance the overall valuation of companies involved in electronic manufacturing, thus positively impacting their operational capabilities and market competitiveness.

    Market Segmentation

    Outlook

    • Consumer Electronics
    • Automotive
    • Heavy Industrial Manufacturing
    • Aerospace and Defense
    • Healthcare
    • IT and Telecom
    • Others

    Electronic Manufacturing Services MarketOutlook

    • Consumer Electronics
    • Automotive
    • Heavy Industrial Manufacturing
    • Aerospace and Defense
    • Healthcare
    • IT and Telecom
    • Others

    Electronic Manufacturing Services Market Service Outlook

    • Electronics Manufacturing Services
    • Engineering Services
    • Test & Development Implementation
    • Logistics Services
    • Others

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 49.9(USD Billion)
    MARKET SIZE 2024 52.5(USD Billion)
    MARKET SIZE 2035 100.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.033% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Zebra Technologies, Jabil, L&T Technology Services, Vivo, Sierra Space, Sanmina, HCL Technologies, Rugged LLC, NEC Corporation, Celestica, Wistron, Tata Electronics, Flex, Foxconn, Pegatron
    SEGMENTS COVERED Service, Industry
    KEY MARKET OPPORTUNITIES Growing demand for consumer electronics, Government initiatives for local manufacturing, Expansion in automotive electronics production, Increasing adoption of IoT devices, Rising investment in renewable energy sectors
    KEY MARKET DYNAMICS growing domestic demand, government initiatives, increasing foreign investments, supply chain diversification, technological advancements
    COUNTRIES COVERED India

    FAQs

    What is the projected market size of the India Electronic Manufacturing Services Market in 2024?

    The India Electronic Manufacturing Services Market is expected to be valued at 52.5 USD Billion in 2024.

    What will be the market value of the India Electronic Manufacturing Services Market in 2035?

    By 2035, the India Electronic Manufacturing Services Market is anticipated to reach a value of 100.0 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the India Electronic Manufacturing Services Market from 2025 to 2035?

    The expected CAGR for the India Electronic Manufacturing Services Market from 2025 to 2035 is 6.033%.

    Which segment will dominate the market in terms of revenue in 2024?

    The Electronics Manufacturing Services segment is projected to dominate with a market value of 21.0 USD Billion in 2024.

    What will the revenue of the Electronics Manufacturing Services segment be by 2035?

    By 2035, the Electronics Manufacturing Services segment is expected to grow to 40.0 USD Billion.

    Who are the key players in the India Electronic Manufacturing Services Market?

    Major players in the market include Zebra Technologies, Jabil, L&T Technology Services, and Tata Electronics among others.

    What are the anticipated market sizes for logistics services in this market by 2035?

    The Logistics Services segment is expected to be valued at 14.0 USD Billion by 2035.

    What challenges are anticipated for the India Electronic Manufacturing Services Market?

    Challenges will include competition in pricing and maintaining quality standards in a rapidly evolving market.

    What growth opportunities exist in the India Electronic Manufacturing Services Market?

    Growth opportunities lie in leveraging advanced technologies such as AI and IoT within manufacturing processes.

    How will geopolitical factors impact the India Electronic Manufacturing Services Market?

    Geopolitical factors may affect supply chains and sourcing strategies, thus impacting market growth and stability.

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