How Did Electronics Goods Production Surge Sixfold in 11 Years?

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How Did Electronics Goods Production Surge Sixfold in 11 Years?

Synopsis

Discover the remarkable transformation in India's electronics sector, where production has soared six times and exports have increased eightfold in just over a decade. This article delves into the government's strategic initiatives that have fueled this growth, positioning India as a key player in global electronics manufacturing.

Key Takeaways

  • Production of electronics goods grew sixfold in 11 years.
  • Exports surged eightfold during the same period.
  • India has 300 mobile manufacturing units now.
  • PLI scheme has attracted significant investments.
  • Over 1.35 lakh direct jobs created in electronics sector.

New Delhi, Aug 6 (NationPress) The production of electronics goods in India has experienced an astonishing sixfold increase over the past 11 years, rising from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25. During this same timeframe, exports have skyrocketed eight times, jumping from Rs 38,000 crore to Rs 3.27 lakh crore, as reported to Parliament on Wednesday.

Currently, India boasts 300 mobile manufacturing units, a significant rise from just two in 2014-15. The production of mobile phones alone has surged a remarkable 28 times, increasing from Rs 18,000 crore to Rs 5.45 lakh crore, as stated by Minister of State for Commerce and Industry, Jitin Prasada, in a written response to the Lok Sabha.

The export of mobile phones has witnessed a phenomenal growth of 127 percent, rising from Rs 1,500 crore in 2014-15 to Rs 2 lakh crore in 2024-25, according to the minister.

Industry estimates indicate that the value addition for electronics manufacturing in India has significantly increased over the years, a testament to the government's policy initiatives and reforms implemented during the past 11 years.

Furthermore, the PLI scheme for large-scale electronics manufacturing and IT hardware has attracted cumulative investments of Rs 13,107 crore, achieving Rs 8,56,947 crore in cumulative production, which has created over 1.35 lakh direct jobs (as of June 2025), the minister reported.

Exports under this PLI scheme reached Rs 4,65,809 crore, the minister noted, adding that each direct job is estimated to create three indirect jobs in the economy.

In the last five years (since FY 2020-21), more than $4 billion has flowed into the electronics manufacturing sector as foreign direct investment (FDI), with nearly 70 percent coming from beneficiaries of the PLI scheme.

“As part of the Semicon India programme, the government has approved six major projects aimed at enhancing the semiconductor and display industry in India, involving a total investment exceeding Rs 1.55 lakh crore. These projects are currently in various phases of implementation and are expected to generate over 27,000 direct jobs,” remarked the minister.

To further bolster electronics manufacturing, the government has introduced the Electronics Components Manufacturing Scheme (ECMS), with a budgetary allocation of Rs 22,919 crore.

Point of View

It is evident that India is taking significant strides in the electronics manufacturing sector, backed by robust government policies and investment initiatives. This growth not only strengthens India's economy but also positions the nation as a formidable player in the global market.
NationPress
05/10/2025

Frequently Asked Questions

What is the growth rate of electronics production in India?
The production of electronics goods in India has increased sixfold over the last 11 years.
How much have electronics exports grown?
Electronics exports have surged eight times, from Rs 38,000 crore to Rs 3.27 lakh crore.
What is the PLI scheme?
The PLI scheme aims to promote large-scale electronics manufacturing and IT hardware, attracting significant investments.
How many jobs have been created in the electronics sector?
Over 1.35 lakh direct jobs have been generated in the electronics sector due to these initiatives.
What is the significance of the Semicon India programme?
The Semicon India programme supports the development of the semiconductor and display industry, enhancing India's position in electronics manufacturing.
Nation Press