Traditionally, Indian businesses faced challenges competing with China. However, within a short span, many have not only rivaled Chinese firms globally but have also become symbols of homegrown manufacturing prowess. Dixon Technologies, India s largest electronics contract manufacturer, seized opportunities offered by the Production-Linked Incentive (PLI) scheme amidst a shift away from China due to geopolitical tensions.
Electronics Value Chain: Josh Foulger, the incoming president of electronics at Zetwerk, India is at the cusp of the next big revolution in electronics manufacturing and that the current situation is like the “Y2K moment” for the country.
“Together, the industry and the government are working on a well-settled vision of scaling electronics manufacturing, including more than $100 billion of mobile phones. Modi 3.0 will cement this vision and achieve it sooner rather than later,” he said. Modi 3.0: PM Narendra Modi To Cement Goal of Bolstering USD 300 Billion Electronics Manufacturing, Says Report.