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India has witnessed a sharp transformation in its electronics manufacturing landscape over the last 11 years, with production rising six times and exports
increasing eight-fold, Union Minister Ashwini Vaishnaw said.Electronic goods production has climbed from Rs 1.9 lakh crore in 2014–15 to Rs 11.3 lakh crore in 2024–25, while exports surged from Rs 0.38 lakh crore to Rs 3.3 lakh crore during the same period, the minister said.
PLI scheme drives investment and output
Taking to the social media platform X, the minister highlighted the impact of the Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing (LSEM).
Vaishnaw said the programme has attracted investments of over Rs 13,475 crore and enabled production worth Rs 9.8 lakh crore so far. The electronics manufacturing sector has also generated around 25 lakh jobs over the past decade, he added.
“This is the real economic growth at the grassroots level. As we scale semiconductors and component manufacturing, job creation will accelerate,” the minister said, underlining the shift from assembly-led growth to a deeper manufacturing ecosystem.
Electronics emerges as top export sector
According to Vaishnaw, electronics manufacturing is now India’s third-largest export category, rising from the seventh position a decade ago. India has also emerged as the world’s second-largest mobile phone manufacturing country. The number of mobile manufacturing units has grown from just two in 2014–15 to nearly 300 today, with 99.2 per cent of mobile handsets sold in the country now made domestically.
Mobile phone production has jumped from Rs 0.18 lakh crore to Rs 5.5 lakh crore, while exports have risen from a negligible Rs 0.01 lakh crore to Rs 2 lakh crore, reflecting the growing success of the ‘Make in India’ initiative.
The minister also noted that the government’s initial focus was on finished electronic products, but policy emphasis has now expanded to building domestic capacity for modules, components, sub-modules, raw materials and manufacturing equipment. The Electronics Component Manufacturing Scheme is supporting this transition, he said.
As many as 249 applications under the scheme represent potential investments of Rs 1.15 lakh crore, projected production of Rs 10.34 lakh crore and employment generation of 1.42 lakh jobs. Vaishnaw described this as the highest-ever investment commitment in India’s electronics sector, calling it a sign of strong industry confidence.
Semiconductor ecosystem gains momentum
He also pointed to progress in the semiconductor segment, stating that 10 semiconductor units have been approved so far, with three already in pilot or early production stages. “Fabs and ATMPs from India will soon supply chips to phone and electronics manufacturers,” he said.
Summing up the sector’s momentum, Vaishnaw said global players are increasingly confident in India’s manufacturing capabilities, Indian companies are becoming more competitive, and job creation is accelerating. “This is the ‘Make in India’ impact story,” he said.
