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From Two Factories to Three Hundred: How India’s Electronics Push Rewired Its Trade

by Blitz India Media
July 5, 2026
in Business
0
Electronics manufacturing

Blitz India Industry Bureau

New Delhi : India’s electronics manufacturing has become one of the most consequential industrial transformations of the decade, with output climbing from $21.8 billion in FY15 to $129.9 billion in FY25.
Exports rose from $4.4 billion to $37.6 billion, and mobile-phone units jumped from two in 2014–15 to 300 in 2024–25. The turnaround has been powered by the Production Linked Incentive framework, which by end-2025 had approved 836 applications across 14 sectors.

Made in India: An electronics assembly line — domestic production now meets over 99% of mobile-phone demand.
In ten years India went from importing most of its phones to making nearly all of them — a quiet revolution now climbing toward components and chips.

At a Glance

• Output: $21.8 bn (FY15) → $129.9 bn (FY25)
• Exports: $4.4 bn → $37.6 bn
• Mobile factories: 2 (2014-15) → 300 (2024-25)
• ECMS outlay (FY27): ₹40,000 crore

The strategic logic is to climb from assembly toward higher-value component and sub-assembly manufacturing — where margins, IP and supply-chain resilience concentrate. Coupled with the semiconductor mission, this positions India as an increasingly complete electronics hub.

The constructive next step is depth: nurturing domestic component makers, expanding design capabilities, and ensuring logistics and testing keep pace.

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