Will India Become a Major Player in the Entire Electronics Stack?
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Synopsis
Union Electronics and IT Minister Ashwini Vaishnaw has made bold predictions about India’s future in the electronics sector, highlighting significant growth and upcoming projects. With a focus on manufacturing and innovation, India is set to transform into a global electronics powerhouse, potentially reshaping the industry landscape.
Key Takeaways
- India is set to become a major player in the global electronics stack.
- Electronics production has surged sixfold in the last 11 years.
- Export growth has increased eightfold under current leadership.
- 46 projects in component manufacturing are underway.
- New semiconductor plants are expected to commence production this year.
New Delhi, Jan 5 (NationPress) Union Electronics and IT Minister Ashwini Vaishnaw stated on Monday that Bharat is set to emerge as a significant player in the entire electronics stack — encompassing design, manufacturing, operating systems, applications, materials, and equipment.
In a post on X, the minister highlighted a pivotal achievement for Prime Minister Narendra Modi’s 'Make in India' initiative, noting that Apple is expected to ship mobile phones worth $50 billion by 2025.
According to Vaishnaw, electronics production has surged sixfold over the past 11 years, with exports increasing eightfold under PM Modi’s dedicated leadership. This growth has positioned electronics products among the top three exported items.
He also mentioned that the ecosystem is expanding, with 46 projects in component manufacturing along with laptop, server, and hearable device manufacturers establishing electronics manufacturing as a key driver of the manufacturing economy.
“This year, four semiconductor plants will commence commercial production. Currently, the electronics manufacturing sector employs approximately 2.5 million people, with several factories hosting over 5,000 workers at each site. Some facilities have as many as 40,000 employees in one location,” the minister reported, adding that “this is merely the beginning.”
Recently, the industry applauded the government's approval of 22 new projects under the third phase of the Electronics Components Manufacturing Scheme (ECMS), marking a significant turning point in India’s path towards robust manufacturing and the establishment of globally competitive champions in electronics components.
With this approval, the total count of ECMS-backed projects climbs to 46, leading to a cumulative investment exceeding Rs 54,500 crore. Previous tranches included seven projects worth Rs 5,532 crore approved on October 22 and 17 projects amounting to Rs 7,172 crore approved on November 17. The rapid expansion across these tranches highlights the strong industry response and growing confidence in India's components manufacturing vision.
The IT Ministry indicated that the 22 newly approved projects in the third tranche are anticipated to generate production valued at Rs 2,58,152 crore and create 33,791 direct jobs.
Point of View
It is evident that India is witnessing a pivotal moment in its electronics manufacturing journey. The government’s commitment to enhancing the electronics sector not only boosts economic growth but also positions India as a significant player on the global stage. This development is crucial for fostering innovation and generating employment.
NationPress
09/01/2026
Frequently Asked Questions
What is the significance of the Electronics Components Manufacturing Scheme?
The Electronics Components Manufacturing Scheme (ECMS) aims to promote manufacturing capabilities in India, ensuring a robust ecosystem for electronics and creating globally competitive players in the market.
How many jobs are expected to be created in the electronics sector?
The newly approved projects under the ECMS are expected to generate approximately 33,791 direct jobs in the electronics sector.
What recent achievements have been made in India's electronics production?
Electronics production in India has increased six times over the past 11 years, with exports growing eightfold under the leadership of Prime Minister Modi.
