¨
Electronics Manufacturing growth positions India as World’s
Second-Largest Mobile Producer.
¨ A sharp expansion in electronics
manufacturing has been witnessed in India over the past eleven years,
positioning the country as the world’s second-largest mobile phone
manufacturer.
¨ The growth has been attributed to policy
initiatives such as Make in India and Atmanirbhar Bharat, supported by targeted
reforms and incentive schemes.
¨ The production value of electronic goods has
increased nearly six times from ₹1.9 lakh crore in 2014–15 to ₹11.3 lakh crore
in 2024–25.
¨ Electronics exports have registered over
eight-fold growth during the same period, rising to approximately ₹3.3 lakh
crore.
¨ Mobile phone manufacturing has recorded the
most significant surge, with production increasing 28 times to ₹5.5 lakh crore.
¨ Mobile phone exports expanded even faster,
growing 127 times and making India a net exporter instead of an importer.
¨ The Production Linked Incentive Scheme for
Large Scale Electronics Manufacturing, launched in 2020, has been identified as
a key driver of growth.
¨ Investments worth ₹15,172 crore and over 1.7
lakh additional jobs have been generated under the LSEM scheme by December
2025.
¨ Further support has been provided through PLI
2.0 for IT hardware, resulting in increased production and employment.
¨
Complementary initiatives such as SPECS, EMC 2.0 and the Semicon India
Programme have helped establish India as a trusted global electronics
manufacturing hub.