Indias Electronics Production Surges to ₹13.11 Lakh Crore, Exports Increase 11-Fold in 12 Years

by

Deependra Singh

Indias Electronics Production Surges to ₹13.11 Lakh Crore, Exports Increase 11-Fold in 12 Years

New Delhi, July 29: India’s electronics manufacturing sector is reaching new heights. The central government announced in Parliament that the country’s electronics production has risen to ₹13.11 lakh crore in the fiscal year 2025-26, marking a 15.8% increase from ₹11.32 lakh crore in the previous fiscal year.

Union Minister of State for Electronics and Information Technology, Jitendra Prasad, informed the Lok Sabha that India’s electronics exports have increased elevenfold over the past 12 years, surpassing ₹4 lakh crore. This growth reflects significant advancements in the country’s electronics manufacturing and export capabilities.

He stated that the electronics manufacturing sector provides direct and indirect employment to 2.5 million people. In the mobile phone manufacturing ecosystem alone, approximately 1.2 million jobs have been created throughout the entire value chain.

The minister highlighted that the electronics industry plays a crucial role in enhancing women’s participation. In some high-precision segments of mobile phone manufacturing, women constitute about 70% of the workforce, making this sector a model for gender-inclusive industrial development.

He noted that various government initiatives over the past 12 years have significantly boosted domestic production, exports, and value addition in mobile phones, IT hardware, and electronic components.

According to the government, smartphones, which were not among India’s top 100 export products in 2014, have now become the largest single export product, surpassing traditional sectors like petroleum and gems and jewelry in the fiscal year 2025-26.

Jitendra Prasad mentioned that 99.2% of mobile phones used in India are now manufactured domestically. India has also become the world’s second-largest manufacturer of mobile phones.

He explained that India was a net importer of mobile phones in 2014 but has now transformed into a net exporter. The Production-Linked Incentive (PLI) scheme for mobile manufacturing has attracted nearly ₹96,000 crore (approximately $14 billion) in investments across the country.

In 2023, the government launched PLI Scheme 2.0 for IT hardware, aiming to establish a robust domestic manufacturing ecosystem for laptops, tablets, servers, and other IT hardware, attract significant investments, reduce import dependence, and position India as a reliable hub in the global supply chain.

The minister reported that under this scheme, cumulative production of ₹24,385.89 crore, investments of ₹1,056.36 crore, and the creation of 5,216 direct jobs have already been achieved.

Additionally, under the Electronics Component Manufacturing Scheme (ECMS), the government has set a target of ₹59,350 crore in investments and 91,600 direct jobs during the scheme’s duration.

So far, 75 applications for 23 products have been approved under this scheme. These approved projects are expected to bring in an investment of ₹61,671 crore, generate ₹4.51 lakh crore in production, and create 65,040 direct jobs.

Leave a Comment