India’s EMS sector poised for long term growth amid localisation push, value-added manufacturing: Report

New Delhi [India], June 12 (ANI): Despite weak demand in consumer electronics, 360 ONE Capital remains optimistic about the long-term growth of India’s electronic manufacturing services (EMS) sector, citing increasing localisation, semiconductor opportunities and a shift towards value-added manufacturing.

In a sector update report, the brokerage said the industry is undergoing a structural transformation that is expected to support growth in the years ahead.