India, Aug. 11 -- Electronics manufacturing services in India are witnessing a true structural change. Global players are de-risking by reducing dependence on any single nation for sourcing, and India has become one of those nations of choice for that transition. Government assistance through production-linked incentives schemes, along with increasing home market demand and rising demand from industries like automotive, aerospace, medical devices, and clean tech, have helped take the industry onto a growth trajectory very different from what it was a few years ago.

Two of the leading listed companies in the sector have just released their numbers for June quarter, and though both are clearly benefiting from the same tailwind, their appro...