India’s ambition to build a $500 billion electronics industry by 2030 presents a major opportunity for MSMEs, driven by rising domestic demand and exports. While India still trails China in the manufacturing scale, industry stakeholders felt the focus should be on leveraging strengths in building skills, innovation, design, IP creation and problem-solving, rather than attempting to replicate China’s model

Industry leaders emphasize MSMEs' crucial role in driving innovation and achieving India's goal of becoming a developed economy by 2047.

India’s ambition to build a $500 billion electronics industry by 2030 presents a major opportunity for MSMEs, driven by rising domestic demand and exports. While India still…