Increasing Indigenous Electronics Manufacturing and a Growing EMS Services Sector Propel the Market for SMT Equipment in India, Says Frost & Sullivan

MUMBAI - A major thrust for electronics manufacturing in recent years has paved the way for a significant influx of original equipment manufacturers and electronic manufacturing services (EMS) companies in India. Today most of the global majors in EMS have a presence in the country. The growing demand in manufacturing of electronic products directly influences the sale of surface mount technologies (SMT) equipment. The SMT equipment market is witnessing steady growth bolstered by the demand from various end user sectors such as communications, consumer, industrial, automotive and medical where electronics penetration has been on the rise.