7 opportunities for Indian PCB Assembly suppliers in 2020

As the Indian electronic manufacturing services (EMS) market is likely to cross USD 6 billion mark by 2020. inYantra, as one of the leading  electronics manufacturing companies in Pune, foresees a lot of opportunities in store for the EMS companies in general and PCB  assembly suppliers in India in particular.

Some of the trends that will shape the journey till 2020 and beyond are:

1.      Demand of smart electronics will zoom: The fortunes of electronic manufacturing companies and the PCB assembly makers are tied to the performance of smart electronics. With the changing lifestyle and even faster technology, the demand of consumer electronics, industrial electronics and smart devices in particular is poised to grow rapidly across the world. Hence, EMS companies too are poised for growth.

2.      Preference for Green electronics: The world over, e-waste has been identified as one of the largest pollutants. E-waste is generated during the manufacturing process itself or when and old electronic item is disposed off.  Manufacturers and even consumer preference has already started shifting towards green manufacturing and disposal processes. This opens up opportunities for EMS Company in India to improve their internal processes and use them as their USP.

3.      The rise of energy efficient devices: The cost of energy is on the rise. As the world struggles to become energy more efficient, every component of the electronics consumption chain in-turn wants to be become energy efficient. This presents the PCB assembly suppliers in India with an opportunity to design PCB boards (as it form the backbone of an electronic device) which will not only be energy efficient to make but also to use.

4.      Medical Devices will be the new growth area: According to an American industry magazine Source Research, the next growth area for EMS will be medical devices. While medical devices have been among the early adopters of technology, they will become more aggressive in the years to come. PCB assembly suppliers in India hence are likely to see an uptrend as India is amongst the biggest hubs of medical device manufacturing. 

5.      Strategic partnerships are key: The PCB assembly is a high volume business. Hence, having strategic partnerships with electronic manufacturing companies is crucial. However, some companies like inYantra, the electronics manufacturing company in Pune, also have strategic partnerships with low-medium volume companies. This is made possible due to inYantra’s unique flexible manufacturing capability which allows for efficient low-medium volume production too.

6.      Speed of delivery: As electronics manufacturing companies introduce short production runs and flexible manufacturing process to optimise their outputs, the back pressure will come on EMS providers. Here, the key will be delivery time and the gap between placing the order and receiving it.   Hence, PCB suppliers in India will need to modify their production schedule to become more flexible and change and short notice to match the demand.

7.      One-stop-solution providers will thrive: EMS companies that provide all functions like PCB assembly, testing, box building etc will get additional benefits as the electronic manufacturing companies will prefer a one-stop-shop rather than employing more than one vendor. InYantra, the electronic manufacturing company in Pune is sure to get benefitted as it is already amongst the few Indian companies that offers everything under one roof.

With a state-of-the-art manufacturing plant and ultra-modern R&D facility, both manned by trained experts, inYantra is all set to emerge as the emerge not only as the leading electronics manufacturing company in Pune, but on an all India basis. With an experience of close to two decades in this market, inYantra is already known as a trusted name amongst the PCB suppliers in India. In the years to come, inYantra is likely to consolidate its dominant position further by strengthening its other offerings besides PCB assembly like box building and engineering services.

With the rise of Indian EMS companies, with all its modern and skilled ways led by inYantra seems to be quite an achievable dream.