Moglix Expands Supplier Network to Bolster India's Electronics Industry
Moglix, a major B2B e-commerce platform, has onboarded over 50 suppliers to enhance access to industrial and electronic components. This move is set to support India's burgeoning electronics industry, projected to grow significantly by 2030. Moglix continues to be pivotal in strengthening supply chains and fostering innovation.
- Country:
- India
In a strategic move at Electronica India 2025, Moglix, a prominent B2B e-commerce platform, announced the addition of more than 50 suppliers to its network. This development signals a pivotal enhancement in providing enterprises with high-quality industrial and electronic components, aiming to streamline procurement in a complex global landscape.
India's electronics sector is on a robust growth trajectory, with production levels projected to jump from $130 billion in 2025 to $500 billion by 2030, at a compound annual growth rate of 26%. Key drivers include increased demand for mobile phones, consumer gadgets, and sectors like automotive, green energy, and medical equipment, underscoring the need for reliable suppliers.
Moglix's enhanced platform now offers access to over 50 authorized brands, complemented by global consolidation and innovative sourcing solutions. CEO Rahul Garg emphasizes the importance of resilient supply chains, aligning Moglix with India's vision of becoming a pivotal player in the global electronics value chain.
(With inputs from agencies.)
ALSO READ
Hooda Slams Haryana Government Over 'Arbitrary' Crop Procurement Conditions
Maharashtra Farmers Rejoice as Maize Procurement Deadline Extended
Bihar Exceeds Paddy Procurement, Strives for Rice Target Fulfillment
AfDB and Tunisia Launch National Procurement Reform Drive to Fast-Track Development Projects
Uttar Pradesh Leads the Way: GeM Procurement Success Story

