Will the Growth of Electronics Manufacturing Create Thousands of New Jobs?
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Synopsis
The rapid growth of the electronics manufacturing sector in India, spearheaded by significant investments and government initiatives, is expected to create a substantial number of job opportunities. This transformation positions India as a key player in the global electronics market, aiming for enhanced exports and economic growth.
Key Takeaways
- Growth in electronics manufacturing is set to create numerous job opportunities.
- The ECMS has approved projects worth over Rs 5,500 crore.
- India's electronics sector is now the third-largest in terms of exports.
- Investment commitments under ECMS have surpassed Rs 1.15 lakh crore.
- Smartphone exports showed a year-on-year growth of over 95%.
New Delhi, Oct 28 (NationPress) Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, stated on Tuesday that the establishment of electronics component manufacturing in India is poised to create thousands of new job opportunities.
The approval of the initial set of seven projects worth over Rs 5,500 crore under the Electronics Components Manufacturing Scheme (ECMS) marks a significant step toward enhancing India’s electronics value chain.
This initiative underscores the government's commitment to developing a strong domestic foundation for high-value components, facilitating large-scale manufacturing, as detailed in an official statement.
“Smartphone exports reached a historic high of USD 1.8 billion in September 2025. Electronics products now rank as the third largest category among all goods exported from India,” Vaishnaw shared on the X social media platform.
He also emphasized that the expansion of the electronics sector will lead to the creation of thousands of new jobs.
Remarkably, in recent years, India’s electronics industry has witnessed tremendous growth, becoming the third-largest and fastest-growing export sector in 2024–25. The ECMS aims to capitalize on this momentum, propelling the nation toward its ambition of becoming a global frontrunner in advanced electronics manufacturing, as stated in the announcement.
The Electronics Component Manufacturing Scheme, introduced on April 8, aims to align India’s electronic industry with global value chains by promoting the production of crucial components, sub-assemblies, and raw materials domestically.
Moreover, as of September 30, investment commitments under the scheme have surpassed Rs 1.15 lakh crore, nearly double the original target of Rs 59,350 crore. An estimated production worth Rs 10.35 lakh crore is anticipated over the next six years, which is 2.2 times higher than the initial forecast, according to the statement.
India's smartphone exports exceeded an estimated $1.8 billion in September, demonstrating a year-on-year growth of over 95 percent compared to the same month last year.
Point of View
I believe that the growth of India's electronics manufacturing sector is a significant step toward economic resilience and job creation. It reflects our commitment to innovation and self-reliance, ensuring that India remains competitive on the global stage. This initiative is not just about numbers; it's about building a sustainable future for millions.
NationPress
28/10/2025
Frequently Asked Questions
What is the Electronics Components Manufacturing Scheme (ECMS)?
The ECMS is an initiative aimed at enhancing India's electronics manufacturing capabilities by promoting the production of key components and integrating the industry with global supply chains.
How many jobs are expected to be created?
The growth in the electronics manufacturing sector is projected to generate thousands of new job opportunities across various levels and skills.
What are the investment figures under the ECMS?
As of September 30, investment commitments under the ECMS have exceeded Rs 1.15 lakh crore, significantly surpassing the original target.
What is the expected production output in the coming years?
The scheme anticipates production worth Rs 10.35 lakh crore over the next six years, which is 2.2 times higher than initial projections.
How do smartphone exports reflect growth?
India's smartphone exports reached an estimated $1.8 billion in September, showcasing a remarkable year-on-year growth of over 95 percent.
