How Did Electronics Goods Production Surge Sixfold in 11 Years?

Synopsis
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.