High Quality Demand Driven Skilling: Focus – Electronics Manufacturing
The electronic sector in India has experienced significant growth and momentum in recent years, positioning itself as a key contributor to country’s economy. At present India holds 2% of the global market share and its ESDM market is expected to increase at a CAGR of 17.10% by 2028, owing to strong demand, increased digitalization, and supportive government policies. To fuel the growth trajectory of the sector in a sustained manner, the Government of India had initiated the National Policy on Electronics (NPE 2019) to position itself as a global ESDM hub. Schemes like Make in India initiative, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPEC), Modified Electronics Manufacturing Cluster 2.0 (EMC 2.0) have strengthened the sector expansion.