Opportunities in EV Component Manufacturing for Indian EMS Providers
India’s rapid shift to electric vehicles (EVs) is unlocking vast opportunities for EV component manufacturing in India. With the government’s strong push towards green mobility, EMS providers in the EV industry can play a critical role in the electric vehicle supply chain in India, supporting innovation, localization, and sustainability.
EV Market Growth in India: A Booming Opportunity for EMS Providers
The EV market growth in India is expected to exceed a 40% CAGR by 2030, driven by initiatives like the Make in India EV initiatives and government incentives for EV manufacturing in India, including the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. This rising demand creates a strategic opportunity for Indian electronics manufacturing services EV companies to develop and localize critical components.
For EMS providers, this evolution goes beyond assembly—it’s about innovation, collaboration, and delivering tailored solutions to meet India’s growing EV needs.
Key Opportunities for EMS Providers in EV Component Manufacturing
1. Battery Management Systems (BMS)
A crucial part of EV component manufacturing in India, BMS ensures battery safety and efficiency. EMS providers in the EV industry can specialize in producing smart BMS with IoT-enabled diagnostics.
2. Power Electronics
High-value components like inverters, converters, and motor controllers are vital for EVs. Localizing their production reduces import dependency and strengthens the electric vehicle supply chain in India.
3. Charging Infrastructure Electronics
India’s expanding charging network requires robust controllers, power supplies, and displays. Investing in this sector contributes to investment in EV infrastructure in India.
4. Telematics and Connectivity Solutions
Real-time tracking, fleet management, and navigation demand advanced telematics. EMS providers can manufacture GPS-integrated telematics systems suited for Indian conditions.
5. LED Lighting and Infotainment Displays
From headlights to touchscreen infotainment, EVs require cost-effective yet high-quality electronic displays and lighting solutions.
Challenges in EV Component Production in India & Strategies to Overcome Them
1. Meeting Stringent Quality Standards
The EV sector demands reliability and safety. EMS providers must invest in advanced testing and certifications, including ICT, FCT, EOL and ESS.
2. Scaling Up Production
As demand rises, scalability is key. Smart automation and process optimization can help EMS firms meet high-volume requirements.
3. Localization of Components
Dependence on imports remains a key challenge in EV component production in India. Collaborating with local suppliers and investing in R&D for indigenous solutions will be essential.
Future of EV Manufacturing in India: Trends to Watch
1. Advanced Battery Technologies
Next-gen batteries like solid-state or lithium-sulfur will need specialized electronic systems.
2. AI-Driven Predictive Maintenance
Smart sensors and diagnostic tools will play a pivotal role in the future of EV manufacturing in India.
3. Sustainable Manufacturing Practices
EMS providers adopting eco-friendly manufacturing will align with global sustainability goals.
Conclusion: Driving India’s EV Revolution with EMS Providers
The rapid electrification of mobility presents a game-changing opportunity for Indian electronics manufacturing services EV providers. By focusing on innovation, localization, and scalability, EMS companies can be at the forefront of India’s EV transformation.
To explore how TVS Electronics can help accelerate your journey in EV component manufacturing in India, connect with us today. Together, let’s power the future of mobility together!
Tunnel Rush
March 11, 2025 at 9:52 amThe combination of government support and industry innovation is exactly what’s needed for India to lead the EV revolution.
Kundan Singh
March 12, 2025 at 5:09 pmFuture of EMS is growing rapidly in India and expected to grow at robust CAGR of 26% in next 5 years.
With the help of Govt initiative and push on Make in India has driven a increasing demand.
This will be really a great initiative taken by any mfg company at this stage as EMS is expanding in to many sectors like lighting, aerospace, defense and power lighting and many more.
Dependency of PCB and Semiconductor will be reduced there is lot of technological advancement in many sectors like Health, Automotive, consumer durable and Telecom
Sai Prasanth G
March 12, 2025 at 5:09 pmThe underlying opportunities are huge, but it is also important to maintain sustainable practices to avoid negatively affecting our surroundings. As we all know, electronics is one of the most dynamically evolving industries, closely linked to IT. We certainly don’t appreciate our components becoming obsolete every three years or so, only to end up in landfills or at recycling plants, causing significant energy expenditure to reform them. The goal of sustainability and net-zero emissions should influence ambitions at every level of shaping the industry.