Millennium Semiconductors, Mouser, RayQ plan India expansion amid electronics boom

Global logistics shifts and growing Indian demand are driving expansion for electronics warehousing firms. Millennium Semiconductors plans a large component hub in Bengaluru with government support. RayQ TTI is establishing a Pune facility to shorten delivery times for key sectors. Mouser Electronics is also actively searching for land to build its first Indian warehouse. These specialized facilities will enhance local manufacturing and reduce import dependencies for companies.