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For the first time, IPC APEX EXPO will host an “India Pavilion,” showcasing 16 Indian companies promoting India’s electronics manufacturing capabilities. The initiative was undertaken by the Ministry of Commerce & Industry, Government of India, and implemented by the Indian government agency, Electronics and Computer Software Export Promotion Council (ESC) India.
It is the Indian government’s goal to introduce Indian companies to the global market. Indian companies representing EMS providers, wire harness manufacturers, material suppliers, design companies, and PCB manufacturers will be part of the India Pavilion at IPC APEX EXPO 2023. The government of India places a high priority on electronics hardware manufacturing, as it is one of the crucial pillars of “Make in India,” “Digital India,” and “Start-up India” programs, all geared to ensure that India becomes a global design and manufacturing hub.
India's electronics manufacturing production is led by mobile phones, IT hardware (laptops, tablets), consumer electronics (TV and audio), industrial electronics, automotive electronics, electronic components, LED lighting, strategic electronics, wearables, and telecom equipment production. India is poised to become a global manufacturing hub and is expected to export approximately $120 billion by 2026. This market-size explosion has been catalyzed by COVID-19-led growth of digital consumption. Electronics manufacturers are also seeking diversification of global value chains, so it makes sense for India to be a focus area. The policy of “Make in India” and the large OEMs looking to “Buy in India” have helped the EMS industry grow and solve supply chain issues. The Indian ESDM industry is focusing on PCB manufacturing within India and large companies are looking at investment opportunities within the country.
Supply chain disruptions during the pandemic forced many companies in the United States to rethink their sourcing strategies to reduce dependency on one country for their supplies. Today, the EMS industry is being hit with component and raw material source shortages, particularly for bare PCB boards. Trade wars with certain countries have brought these challenges to the forefront. Electronics manufacturers are also seeking diversification of U.S. value chains, resulting in India becoming a focus area. IPC APEX EXPO 2023 will provide a great platform for participating IPC members in India to forge strategic partnerships with U.S. companies while providing exposure for investing and opening operations in the United States.
To read this entire article, which appeared in the December 2022 issue of SMT007 Magazine, click here.
Gaurab Majumdar is executive director, IPC India.