Beyond Contract Manufacturing: Building India's National Electronics Capability
A Quiet Shift in India's Electronics Industry A subtle but significant shift is taking place in India's electronics industry. Over the past few months, Indian electronics manufacturers have increasingly forged partnerships with companies from Japan, South Korea and Taiwan. These collaborations are bringing advanced product designs, manufacturing technologies and, in some cases, established component supply chains into India, while Indian firms contribute manufacturing scale, local execution capabilities and integration into domestic and global markets. At the same time, India's leading electronics manufacturing services (EMS) companies are expanding beyond their traditional focus on consumer electronics. Industrial, medical, defence, railway, automotive, and enterprise electronics are increasingly becoming part of their growth strategies. Perhaps the clearest illustration of this shift comes from Bhagwati Products Ltd. The company, whose revenue jumped nearly three-fold to ...