Developing India's Leadership In PCBA Industry

MAIT with its knowledge partner Avanteum Advisors LLP draws attention to the critical role played by PCBA in the electronics value chain. Ashish Bhatia cites the emphasis in the study on building an ecosystem with enablers crucial to drive India’s global ambitions.

- Ashish Bhatia

MAIT together with its knowledge partner Avanteum Advisors LLP published a report to chalk out the roadmap to India’s leadership in the Printed Circuit Board Assembly (PCBA) industry. Well aware of the electronics segment being favored globally for investment and growth, the report is quick to draw attention to the inherent opportunities across domains like materials, design, manufacturing, and service besides the inherent potential of a multi-industry impact. With the National Policy on Electronics (NPE) 2019 pegging the industry valuation at USD 400 billion, the report expects it to be a crucial contributor to India’s 2025 goal of turning into a USD five trillion economies.

To live up to its potential, there is a need to build a potent ecosystem. One that facilitates a design-led manufacturing industry! A critical component in the value chain, PCBA, is said to contribute between 4060 per cent of the product Bill of Materials (BoM). Notably, the growth of electronics in the Asian market is claimed to have been marked by the growth in PCBA manufacturing. China’s emergence as an electronics powerhouse defined by migration of global PCBA manufacturing led by EMS companies is the testimony, as per the study. The global PCBA demand expected to grow to USD 330 billion by 2025-26, driven by smartphones and computing devices. Here China, with a well-oiled ecosystem operating at a global scale, caters to nearly half of the global PCBA demand.