PCB is the base of any electronic equipment and provides connectivity to electronic components such as diodes, capacitors, resistors, transistors, coils, and transformers. Hence it has opened a plethora of opportunities for entrepreneurs looking to start PCB manufacturing business in India.
There is an exponential demand for Printed circuit boards as electronic components find applications in every field of our daily life such as communication, entertainment, defence, health care services, transportation, R&D, education, etc. The existence of electronic equipment cannot be imagined without printed circuit boards and it also plays an important role in reducing the size of electronic components.
PCB manufacturing business market size in India is valued at USD 2.8 billion in 2020 and is projected to reach USD 7.6 billion by 2026 growing at a CAGR of about 18% in the forecast period. More than 60% of PCB manufacturers in India are small and unorganised. Read the complete blog to know how to start a PCB manufacturing business.