India, June 11 -- The electronics manufacturing services market may jump over threefold to USD 150 billion by 2030, driven by domestic demand, policy support and companies' strategy to diversify their supply chains beyond China, a KPMG report said on Wednesday.

India's Electronics manufacturing services (EMS) market has scaled rapidly to around USD 40-45 billion in FY25, a KPMG report titled India's Electronic Manufacturing Services (EMS) opportunity: From assembly hub to integrated manufacturing powerhouse, said.

"India's EMS market has scaled rapidly to around USD 40-45 billion in FY25 and is expected to surpass around USD 150 billion by FY30, supported by exports, policy incentives and supply chain diversification," the report said. ...