India‘s electronics sector has emerged as probably the most compelling success tales within the nation’s manufacturing journey, pushed by centered coverage assist, rising home capabilities, and rising world investor confidence.
Over the previous decade, electronics production in India has elevated almost six-fold, from ₹1.9 lakh crore in 2014-15 to ₹11.3 lakh crore in 2024-25, in response to a report by PIB Headquarters.
The surge mirrored India’s regular progress towards changing into a global hub for digital design, manufacturing, and exports.
Mobile cellphone manufacturing has been on the forefront of this transformation.
Production within the phase jumped from ₹18,000 crore in 2014-15 to ₹5.45 lakh crore in 2024-25, marking a 28-fold rise.
India is now the world’s second-largest cell phone producer, with over 300 manufacturing units in comparison with simply two models a decade in the past.
The nation has additionally achieved close to self-reliance in cellular manufacturing, considerably decreasing import dependence.
Foreign direct funding has strengthened this growth. Since 2020-21, India has attracted over $4 billion in FDI in electronics manufacturing.
Policy momentum continues beneath the Union Budget 2026-27, which has enhanced assist for electronics and semiconductor manufacturing. The outlay for the Electronics Components Manufacturing Scheme has been elevated to ₹40,000 crore, whereas India Semiconductor Mission 2.0 goals to strengthen industry-led analysis, superior manufacturing, and provide chain resilience.
Electronics Component Manufacturing Scheme (ECMS) was notified in 2025 with an outlay of ₹22,919 crore. The scheme goals to strengthen part manufacturing and combine India’s electronics {industry} with world worth chains via turnover-linked, capex, and hybrid incentives.
With a goal of constructing a ₹500 billion home electronics ecosystem by 2030-31, India’s electronics sector is steadily positioning itself as a essential participant within the world expertise worth chain.
An analogous thrust is seen in different high-value sectors. Semiconductors and electronics parts are essential areas the place import substitution is strategically vital, as seen throughout world chip shortages.
