India's electronics sector is poised for significant growth in the coming years, driven by a confluence of favourable factors. These include a young and growing population, strong government support, and a shift in global trade patterns. This rising demand for electronics presents a fertile ground for the Indian Electronics Manufacturing Services (EMS) sector.
The global electronics industry is projected to reach a value of $3.1 trillion by 2026, with an annual growth rate of nearly 5%. A particularly dynamic segment within this industry is the Electronic Manufacturing Services (EMS) sector, which is expected to grow even faster at a rate of approximately 5.4% per year, reaching $1.1 trillion by 2026.
India is set to capture a massive share of the global EMS market by 2026. Fuelled by a booming domestic electronics market projected to reach $282 billion by 2026, growing at an impressive 25.5% annually - and strong export demand, India's slice of the EMS pie is expected to reach 7% of the total market, valued at roughly $80.2 billion.
India's domestic electronics market is massive and growing rapidly. Fuelled by a Compound Annual Growth Rate (CAGR) estimated at 30% or more between FY23 and FY28E, the market is likely to reach a staggering ₹ 9 trillion.
هذه القصة مأخوذة من طبعة April, 2024 من Beyond Market.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April, 2024 من Beyond Market.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
PRUDENT PRACTICES
Banks worldwide navigate a complex balancing act, steering economies toward growth while safeguarding financial stability through thoughtful management of interest rates and credit risks
RETAIN ROULETTE
Inexperienced investors spin the market wheel, chasing dizzying valuations and risking a bubble burst
UNRAVELED THREADS
Bangladesh's crisis disrupts global textiles, offering India a potential opportunity, but production constraints limit its gains
PASSING THE BATON
Succession planning helps ensure uninterrupted leadership
RISKY BUSINESS?
SEBI's efforts to protect retail investors from derivatives market risks could inadvertently dampen market volumes
INFLATION-PROOF YOUR CHILD'S FUTURE
Inflation might be stealing your child's future, but children's mutual funds can be their superhero
EMBRACE UNCERTAINTY, SAYS MARKS
Howard Marks urges investors to embrace uncertainty, long-term thinking, and focus on controllables, shunning in his memo “The Folly of Certainty”
IMPORTANT JARGON
70% OF INDIVIDUAL INTRADAY TRADERS IN THE EQUITY CASH SEGMENT MAKE LOSSES, FINDS SEBI STUDY
AN ASCENT T'O NEW HEIGHTS
The IMF predicts India's economy to reach 55 trillion by 2047, driven by various economic indicators showing positive growth and government initiatives
CARRY TRADE CRASH: GLOBAL MARKETS REEL
Japan’s Policy Shift Sends Shockwaves Through Global Markets, Including India, as Yen Carry Trade Disintegrates
