How Did India’s Electronics Production Jump to $133 Billion?
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Synopsis
India's electronics manufacturing has witnessed a remarkable jump from $31 billion to $133 billion over the last decade, thanks to strategic initiatives. This growth not only bolsters the economy but also elevates India's status in the global electronics market. Explore how this transformation has impacted exports and employment in the sector.
Key Takeaways
- Electronics production increased from $31 billion to $133 billion.
- Exports surged by over 47% in Q1 FY26.
- India now has more than 300 mobile manufacturing units.
- The mobile phone sector grew by 55% in Q1 FY26.
- Strategic policies have driven significant transformation in the sector.
New Delhi, Aug 17 (NationPress) In a significant boost to the 'Make in India' initiative, India's electronics manufacturing has escalated from $31 billion to $133 billion over the decade starting in 2014-15, as highlighted by Commerce Minister Piyush Goyal.
The sector has also witnessed a remarkable increase in electronics exports, soaring by over 47 percent in the first quarter of 2025-26 compared to the same quarter in 2024-25, as per an update shared on X.
“Our government has established numerous enablers to make India Aatmanirbhar in manufacturing. Consequently, we have advanced from merely 2 mobile manufacturing units in 2014 to over 300 today,” he remarked.
The transition from being a mobile importer to becoming the world's second-largest mobile phone manufacturer stands out as one of the most remarkable achievements.
“The electronics sector has also created vast employment opportunities, with products like solar modules, networking devices, charger adapters, and electronic components significantly contributing to our export growth,” Goyal noted.
Recent statistics from the India Cellular and Electronics Association (ICEA) indicate that electronics exports reached $12.4 billion in the first quarter of FY26, an increase from $8.43 billion in the same timeframe last year. If this trend continues, the industry anticipates that exports could reach $46–50 billion by the end of the fiscal year.
The mobile phone segment performed exceptionally well, growing by 55 percent, from $4.9 billion in Q1 FY25 to an estimated $7.6 billion in Q1 FY26.
Non-mobile electronics exports also demonstrated robust growth, rising from $3.53 billion to an estimated $4.8 billion, reflecting a 36 percent increase. This includes essential product categories such as solar modules, switching and routing equipment, charger adapters, and components.
The electronics manufacturing industry has experienced a remarkable transformation over the past decade, driven by strategic policy measures like the Phased Manufacturing Programme (PMP), Production Linked Incentive (PLI) schemes, and strong collaborations between the state and industry.
Point of View
The growth of India's electronics manufacturing is a testament to effective government policies and industry collaboration. As the nation focuses on becoming self-reliant, this transformation presents opportunities for employment and economic growth, reinforcing India's position in the global market.
NationPress
20/08/2025
Frequently Asked Questions
What was India's electronics production value in 2014?
India's electronics production value in 2014 was $31 billion.
How much did electronics exports grow in Q1 FY26?
Electronics exports grew by over 47 percent in Q1 FY26 compared to Q1 FY25.
What is the projected export value for the electronics sector by the end of FY26?
The projected export value for the electronics sector is expected to reach between $46 billion to $50 billion by the end of FY26.
What policies contributed to the growth of electronics manufacturing?
Key policies include the Phased Manufacturing Programme (PMP) and Production Linked Incentive (PLI) schemes.
How many mobile manufacturing units are there in India now?
India has over 300 mobile manufacturing units now, up from just 2 in 2014.
