India is as diverse as it is magnificent, and it’s thriving economic sector has largely shifted to electronics production in the last few years. Here’s everything you need to know about electronic production in India. India’s electronic goods exports has grown significantly in the past few years, particularly centered around the production of mobile phones, laptops, and tablets. Many businesses choose to operate out of India due to its stable economy, market competitiveness, and cheaper labor.
There are a few reasons why India is such a big player in the electronics market, and the rest of this article will describe just why manufacturing of electronic products in India is preferable to other countries.
Why Is So Much Electronics Manufacturing Done in India?
Ever since the Make in India Campaign in 2014 started to center India’s infrastructure and business pursuits around manufacturing, India has been thriving in the electronics production industry, attracting competitive and lucrative manufacturing companies by broadening the talent pool of its citizens to gear towards manufacturing occupations.
Specifically, India is preferable to many other countries due to the following factors:
The country’s stable economy
Market competitiveness
Lower manufacturing costs
In the electronics market, their industry production is geared towards the following:
Mobile phones
Laptops
Tablets
Consumer electronics
Industrial electronics
LED lightning
Telecommunications equipment
Automotive wiring harness
Economic Stability
First and foremost, India has demonstrated a longstanding history of economic growth. It’s industry-specific workforce, robust democracy, and strong government investment make the country a healthy, stable environment for electronics manufacturing.
Market Competitiveness
Manufacturing in India is highly scalable, industry-specialized, and high-quality. India has a large population of skilled engineers, software developers, and factory workers that thrive in the manufacturing sector, all backed by Union and government initiatives meant to create ethical, fair, and satisfied employees.
For oversees companies, this attractive workforce becomes even more appealing when you consider that English is spoken widely across the country, offering a great appeal for business communication purposes.
Lower Manufacturing Costs
Of course, the bottom line is always at the forefront of many manufacturing companies’ collective minds. It’s highly cost-effective to manufacture in India, with wages lower than most nations that are geared towards manufacturing labor.
When you pair a lower input cost with the people’s industrious ethical standards, it’s no wonder manufacturing electronics products in India is so popular.
Why partner with GTDinINDIA
As India continues to demonstrate its technological innovations and economic stability, its attractiveness as a manufacturing nation continues to grow. With a skilled workforce, cost-effective labor, and industry-tailored production, India stands out as an excellent choice for electronics manufacturing. GTDinINDIA will help you find the right partner who would be able to execute your order as well with our Virtual Team on field the entire time you would be able to get day to day updates from a dedicated member from detailed specification, sampling, production, quality control to logistics.
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