India needs multi-pronged approach for ESDM sector: PwC India

Mumbai: India needs a multi-pronged approach for the Electronics System Design and Manufacturing (ESDM) sector to leverage the momentum for value chain resilience, as the window of opportunity created by the current geopolitical context is very small, according to a report. “Decisive policy action is the need of the hour,” said PwC India’s report on ‘The India Opportunity: Developing Resilient Electronics Supply Chains’.

It noted that India is uniquely placed among global economies, having garnered goodwill as a reliable partner for countries across the world.