ELECTRONICS has become the engine of innovation and growth, powering economies and redefining the technological landscape. Across the world, the sector is driving advancements in communication, automation, and connectivity, shaping how societies live, work, and interact.
India has rapidly transformed into a major electronics manufacturing hub, marking nearly a six-fold increase in production over the past decade. The sector has not only expanded its industrial base but also created 25 lakh jobs in the last 10 years, underscoring its role as a key driver of employment and economic growth. With the ambitious vision of building a $500-billion domestic electronics manufacturing ecosystem by 2030-31, India is poised to emerge as a global technology leader, innovating for the world while creating vast opportunities at home.
Policy support
The country has transformed into a global hub for electronics manufacturing, driven by initiatives like Make in India and Atmanirbhar Bharat. Strong policy support, technological advancements, and a skilled workforce have propelled both production and exports to unprecedented levels.
Electronics production in India has increased from Rs 1.9 lakh crore in 2014– 15 to Rs 11.3 lakh crore in 2024–25, nearly a six-fold rise. Exports grew eight, times from Rs 38,000 crore to Rs 3.27 lakh crore during the same period. India has attracted more than $4 billion FDI Inflow in the field of electronics manufacturing since FY2020-21. Top 5 export destinations for Indian electronic goods in FY 2024-25 were the US, UAE, the Netherlands, the UK, and Italy.
Supportive measures such as the Production Linked Incentive (PLI) scheme and improvements in ease-of-doing business have significantly boosted manufacturing and exports.
Mobile phones
India’s mobile phone revolution is reshaping lives and livelihoods. With over 85 per cent of households owning at least one smartphone, the device today serves as a tool for banking, education, entertainment, and access to Government services.
The production of mobile phones increased from Rs 18,000 crore in 2014-15 to Rs 5.45 lakh crore in 2024-25, a 28-fold rise. India has become the world’s second-largest mobile phone manufacturer. Exports surged 127 times, from Rs 1,500 crore in 2014-15 to Rs 2 lakh crore in 2024-25. In 2024, Apple exports from India hit a record Rs 1,10,989 crore ($12.8 billion), crossing the Rs 1 lakh crore mark with a 42 per cent YoY growth.
Economy’s backbone
Electronics form the backbone of the modern economy. From homes to hospitals, and from factories to vehicles, they enable efficiency, comfort and innovation. Every major sector today relies on electronics to improve performance, enhance safety and deliver better services. As technology evolves, the importance of electronics in driving progress across industries continues to grow.
Some sectors where electronics play a big role are: Consumer electronics: They have become an inseparable part of daily life. Every household now depends on devices such as televisions, refrigerators, air conditioners and washing machines. Electronic components: These are the foundation of the entire electronics ecosystem, powering every device, from a simple home appliance to complex industrial systems.
Automotive electronics: Modern vehicles are increasingly dependent on electronics for performance, safety and connectivity. As the world shifts towards electric and smart mobility, the demand for automotive electronics is rising. Medical electronics: The rise in lifestyle-related illnesses and the growing demand for healthcare services have expanded the market for medical electronics. Devices such as oximeters, glucometers and digital monitors are now common in households and hospitals alike. India’s electronics industry has grown on the back of strong policy support and targeted Government initiatives.
These include: PLI Scheme: The Production-Linked Incentive Scheme, with an outlay of Rs 1.97 lakh crore, spans 14 key sectors including electronics and IT hardware. SPECS Scheme: The Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors offers a 25 per cent financial incentive on capital expenditure for producing key electronic goods.
ECM Scheme: The Electronics Components Manufacturing Scheme, approved by the Cabinet on May 1, 2025, has received 249 applications. NPE 2019: The National Policy on Electronics aims to position India as a global hub for Electronics System Design and Manufacturing (ESDM).
