New Delhi, Feb. 19 -- Japanese electronics component giant Murata Manufacturing Co. is exploring the possibility of relocating some of its production capacity to India, marking a significant shift in global supply chain dynamics toward the world's most populous nation.

The Kyoto-based company, renowned for its Multilayer Ceramic Capacitors (MLCCs), anticipates growing demand in the Indian market.

According to Murata President Norio Nakajima, the company is currently analysing potential investment scenarios in the region. While nearly 60 percent of Murata's MLCC production currently takes place in Japan, this figure is expected to decrease to approximately 50 percent in the coming years.

Murata's components are essential elements in a v...