loader2
Login Open ICICI 3-in-1 Account

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

Electronic manufacturing services (EMS) industry is poised for multi-year growth

ICICIdirect Research 27 Jun 2025 DISCLAIMER

India's electronic manufacturing services (EMS) industry is poised for multi-year growth from ₹ 3 lakh cr+ as on FY25 to ₹ 8 lakh crore+ by FY29, implying a strong 27%+ CAGR.

This growth is backed by government support through PLI schemes, optimum custom duty structure, state incentives, etc.

Besides, improving manufacturing efficiencies at global landscape and recent tariff war situation has positioned India to emerge as a strong alternative to countries like China. Here, Dixon and Syrma are couple of companies which we believe are well-positioned to capture both domestic and export opportunity.

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere