According to the Ministry of Electronics and Information Technology, India’s electronics manufacturing sector is making steady improvement, with local value addition rising to 18–20%. The government’s emphasis on bolstering the whole value chain—from parts and sub-modules to final goods—is reflected in the growth.
Electronics exports have increased eightfold to ₹3.3 lakh crore over the last ten years, while output has nearly doubled, from ₹1.9 lakh crore in 2014–15 to about ₹12 lakh crore in 2024–25. A major factor has been the manufacturing of mobile phones, which has increased dramatically to ₹5.45 lakh crore, highlighting India’s rise as a competitive worldwide hub.
A major factor in surpassing goals in investment, production, and exports has been the Production Linked Incentive Scheme for Large Scale Electronics Manufacturing. Additionally, the program has created over 1.85 lakh direct jobs, and in 2025, smartphones will be India’s biggest export.
Increased localization of components, a decrease in reliance on imports, and an improvement in India’s standing in the global electronics and semiconductor manufacturing industry are all indicated by rising value addition.
