Global PCB market is growing steadily, projected to grow from USD 71.57 billion in 2024 to USD 113.49 billion by 2032 at a CAGR of 6.3%. However, India’s PCB market is booming, projected to grow from USD 6.3 billion in 2024 to USD 24.7 billion by 2033 at a blistering CAGR of 15.6%—far outpacing global averages. This growth is fuelled by government incentives (PLI, Make in India), localization of electronics supply chains, and telecom (5G) infrastructure, and a surge in advanced multilayer and flexible PCB technologies. Major Companies in this sector are :

KAYNES

.: A leading player in the electronics components sector that manufactures PCBs for various industries Fine Line Circuits Ltd.: This company is directly engaged in manufacturing PCB

SYRMA

: A major electronics manufacturing company that is heavily investing in expanding its PCB manufacturing capacity

AVALON

.: Another company in the broader electronics manufacturing sector that is involved in the production of electronic components

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