OCTOBER, 202519INDUSTRY OPINIONWhat factors are driving the rapid growth of Electronic Manufacturing Services (EMS) in India?India has electronic manufacturing services for several decades, with a presence spanning over 35 years. However, growth has occurred in the last five to seven years as the Government of India recognized the need to foster domestic manufacturing. So in response, the government launched a range of measures aimed at fostering growth in this sector. In developing nations, where a significant part of the population is seeking employment, it is critical to create blue-collar jobs. No economy can be sustained on a white-collar workforce alone. Hence, manufacturing must be positioned strategically in government policy.In the manufacturing industry, electronics is notably important. Considering the consequences of foreign exchange management, job creation, and ecosystem growth, the government has identified electronics manufacturing as a focus area. By looking at Japan, Korea, Singapore, Taiwan, China, Vietnam, and Thailand, we can see that these countries' economic growth was generated mainly by electronics manufacturing. Generally, large industrial growth derives from the automotive industry and electronics.In response to this trend, the Government of India thoughtfully chose to prioritize electronics manufacturing. Geopolitical considerations reinforced this emphasis as global corporations sought to diversify supply chains, lessening their reliance on one country. In summary, these factors have led to strong and extraordinary growth of India's electronics sector in the last four to seven years.How is India positioning itself as a global hub for EMS compared to China, Vietnam, and other Asian economies?India has both advantages and challenges in the electronics manufacturing sector. The advantages include a large domestic market, an expanding pool of skilled workers who can be reskilled in high-end manufacturing, and rising HOW ELECTRONIC MANUFACTURING IN INDIA DRIVES GLOBAL GROWTHJ.S. Gujral, Managing Director, Syrma SGSRishit Kotecha, Chairman & Managing Director, Madhusudan Masala in an interaction with India Manufacturing Review shared his views on how to Start a Spice Manufacturing Business, the initial investments required to set up a spice manufacturing unit, the modern technologies or machinery that can improve efficiency and product quality in spice processing and packaging,some of the important ROI timelines in spice manufacturing, and the factors that influence profitability the most and more.As Chairman & Managing Director, Kotecha is responsible for strategic planning and decision-making, encompassing the core aspects of overseeing day-to-day operations. He leads the management and staff, implements growth strategies, and manages relationships with shareholders and investors. Under his leadership, Madhusudan Masala is poised to achieve its goals while navigating the dynamic business environment.J.S. Gujral, Managing Director, Syrma SGS
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