New Delhi, June 16 -- India is expected to witness strong and exponential growth in the electronics manufacturing sector amid the ongoing global supply chain realignment in the electronics sector, according to a new report by PwC.

The report pointed out that the electronics industry is experiencing a shift in the global supply chain, with India emerging as a key destination. This shift has already led to significant growth in the production of items like smartphones and other electronic products.

It said "India aims to reach USD 500 Bn of domestic prediction - the nation may reach USD 282 Bn conservatively by 2030".

The report outlined three possible growth scenarios for the sector, conservative, moderate, and ambitious.

Even if India...