Is the Electronic Manufacturing Sector Really Surging to Rs 11.5 Lakh Crore and Creating 25 Lakh Jobs?
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Synopsis
The electronics manufacturing sector in India has witnessed unprecedented growth, reaching a valuation of Rs 11.5 lakh crore and creating 25 lakh jobs. Discover how PM Modi's initiatives are reshaping this industry and what it means for the future of Indian manufacturing.
Key Takeaways
- Electronics manufacturing in India has surged to Rs 11.5 lakh crore.
- The sector has created over 25 lakh jobs.
- Production has increased six-fold, while exports have jumped eight-fold in the last 11 years.
- India is now self-sufficient in manufacturing essential components for electronic products.
- Recent GST reforms have reduced the tax burden on household electronic items.
New Delhi, Sep 6 (NationPress) Under the visionary initiatives of Prime Minister Narendra Modi, the electronics manufacturing sector has rapidly transformed into a leading industry in India, achieving a remarkable six-fold increase in production over the last 11 years. This growth has elevated the sector to a staggering Rs 11.5 lakh crore valuation, as stated by Union Electronics and IT Minister Ashwini Vaishnaw during a press briefing on Saturday.
During the conference held at the BJP headquarters, the minister highlighted that electronic products exports have surged eightfold during this timeframe, with the industry now employing over 25 lakh individuals.
"In the past 11 years, electronics manufacturing has significantly expanded in India. The production has increased six times, while exports have risen eight times, making it a Rs 11.5 lakh crore industry that provides jobs to 25 lakh people," the minister explained.
Vaishnaw revealed that India has commenced the manufacturing of every component necessary for electronic products within the nation.
"For instance, when we consider a mobile phone, every element—be it the glass, cover, chip, printed circuit board (PCB), or camera module—is now being produced domestically," the minister noted.
He further announced the recent inauguration of a factory in Sohna, Haryana, dedicated to manufacturing batteries for smartphones.
With a demand for 50 crore batteries, this single factory is expected to produce 20 crore battery packs, as per the minister's insights.
He encouraged citizens to embrace locally-made products as much as possible. "It’s time for a self-reliant India where everyone is enthusiastically adopting 'Swadeshi'. I urge all to increase the use of 'Swadeshi' products in daily life," Vaishnaw remarked.
The minister also noted that with recent GST reforms, Prime Minister Modi has provided significant relief to middle-class families.
He assured that prices for various household electronic devices—including televisions, refrigerators, dishwashers, microwaves, and power banks—are set to decrease.
Overall, the tax burden has been lessened on all items, from food to essential household goods, as highlighted by the minister.
Point of View
It is essential to recognize the immense progress made in India's electronics manufacturing sector. This growth not only reflects the government's commitment to boosting local production but also significantly impacts employment and economic stability for millions of citizens. The emphasis on 'Swadeshi' products and the recent GST reforms provide a hopeful outlook for middle-class families, showcasing a proactive approach to national self-reliance.
NationPress
21/09/2025
Frequently Asked Questions
What is the current value of the electronics manufacturing sector in India?
The electronics manufacturing sector in India has reached a value of Rs 11.5 lakh crore.
How many jobs has the electronics manufacturing sector created?
The sector has created over 25 lakh jobs in India.
What significant growth has the sector experienced?
The sector has seen a six-fold increase in production and an eight-fold increase in exports over the past 11 years.
What components of electronic products are being manufactured in India?
India is now manufacturing every component of electronic products, including parts for mobile phones like glass, covers, chips, PCBs, and camera modules.
What recent reforms have impacted the electronics sector?
Recent GST reforms have provided significant relief to middle-class families, lowering prices on various essential electronic items.
