EMS Industry Check - Unlocking The Power Of Continuous Growth: Motilal Oswal

Motilal Oswal Report

India's electronics manufacturing services industry is witnessing a strong revenue growth trajectory, primarily driven by healthy industry demand, the addition of new segments and onboarding of new customers, increasing domestic manufacturing, import substitution, and global partnerships.

In this report, we discuss the healthy revenue growth visibility within the sector and the scope to improve margin, leading to a strong earnings growth trajectory.

Our coverage universe includes Kaynes Technology, Avalon Technologies, Syrma SGS Technology, Cyient DLM, Data Patterns, Dixon Technologies, and Amber Enterprises.

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