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.Participating in a panel discussion on ESDM – From Vendors to Value Creators at conclave, experts pointed out that India’s electronics ecosystem is still heavily dependent on imported components.While assembly operations have expanded significantly, much of the value creation remains outside the…