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[BUSINESS] · India · 2 sources

India's Electronics Manufacturing Output Grows Sixfold in a Decade

India’s electronics manufacturing output expanded nearly sixfold, rising from about Rs 1.9 lakh crore in FY15 to Rs 11.3 lakh crore in FY25. Exports increased eightfold to roughly Rs 3.3 lakh crore, with mobile‑phone production surging 28 times and meeting over 99 % of domestic demand. Policy measures such as the Production‑Linked Incentive (PLI) scheme, the Make in India programme, and approvals for semiconductor units in Odisha, Punjab and Andhra Pradesh – backed by Rs 4,600 crore of investment and 2,000 jobs – have driven the growth. The India Semiconductor Mission has secured more than Rs 1.60 lakh crore of approved investments across fabrication, packaging, testing and chip design, aiming to deepen localisation, raise value addition and reduce import dependence. The country now supplies the United States with more smartphones than China in Q2 FY26 and targets $500 billion in electronics production and $180‑200 billion in exports by 2030‑31. The sector also created around 2.5 million jobs, reinforcing India’s ambition to become a global electronics hub.