India's electronics manufacturing story is changing fast, and the old “low-cost” label no longer fully explains what’s happening on the ground. In this episode of The EMS India Pod, recorded in late June 2026, I talk with Murthy Munipalli from InCap India and Otto Pukk, Global President and CEO, about what makes India a serious destination for advanced electronics manufacturing services and why capability, speed, and trust now matter more than labor rates.
We get specific about how InCap India scales: from a TVS Electronics acquisition into a three-factory campus near Bangalore, thousands of employees, and state-of-the-art SMT lines including new AI-driven equipment built for dense, complex boards. Murthy shares why low attrition becomes a competitive weapon, how institutional memory improves quality, and what it takes to support global customers with real engineering depth. Otto adds a global lens on why India’s democracy, rule of law, and improving business environment reduce risk for long-term manufacturing programs.
Then we zoom out to the India EMS industry itself: rapid market growth, the push toward EVs, AI infrastructure and data centers, and the practical impact of Make in India and PLI incentives on supply chain localization. We also compare India and China honestly, including what India can learn about ecosystems and execution while staying aligned with strict IP protection.
If you care about electronics manufacturing in India, EMS strategy, supply chain resilience, or where global production is headed next, this conversation will sharpen your view. Subscribe, share this with a colleague, and leave a review with your biggest takeaway.
EMS@C-Level is hosted by global inspection leaders Koh Young (https://www.kohyoung.com) and Global Electronics Association (https://www.electronics.org)
You can see video versions of all of the EMS@C-Level pods on our YouTube playlist.
