India’s electronics production six-fold, exports jump eight-fold since 2014

India has witnessed a remarkable rise in electronics manufacturing and exports over the last decade, according to Electronics and IT Minister Ashwini Vaishnaw . Highlighting the growth under Prime Minister Narendra Modi ’s leadership, Vaishnaw noted that production of electronic goods has grown six-fold, from ₹1.9 lakh crore in 2014-15 to ₹11.3 lakh crore in 2024-25, while exports have increased eight-fold, from ₹0.38 lakh crore to ₹3.3 lakh crore. The PLI (Production Linked Incentive) scheme for Large Scale Electronics Manufacturing (LSEM) played a major role in this surge, attracting ₹13,475 crore in investment and generating ₹9.8 lakh crore in production. Over the past decade, the sector has created 25 lakh jobs, with 1.3 lakh jobs generated in the last five years alone. Electronics has now become India’s third-largest export category, rising from the seventh position in 2014-15.

Mobile manufacturing has been a standout success. India is now the second-largest mobile manufacturing hub in the world, with production rising from ₹0.18 lakh crore to ₹5.5 lakh crore and exports jumping from almost negligible ₹0.01 lakh crore to ₹2 lakh crore. Today, 99.2 per cent of mobile handsets sold in India are Made in India . The government is also expanding beyond finished products to modules, components, sub-modules, and the machines that make them, supported by the Electronics Component Manufacturing Scheme . This scheme has received 249 applications representing ₹1.15 lakh crore in investment, expected production of ₹10.34 lakh crore, and creation of 1.42 lakh jobs. Additionally, ten semiconductor units have been approved, with three already in pilot or early production, marking India’s growing capabilities in chip manufacturing.

This growth story is not just about numbers; it reflects real economic impact at the grassroots level. By producing more components locally and increasing exports, India has reduced reliance on imports, created millions of jobs, and strengthened its position in the global electronics market. Despite global tariffs and supply chain uncertainties, the sector has proven resilient. Initiatives like PLI and local semiconductor production are cushioning the industry from potential shocks. While some reliance on imported semiconductors and critical components remains, expanding domestic capacity and growing manufacturing clusters across states ensure India is better prepared than ever.

The next phase focuses on building a complete electronics ecosystem, from raw materials to finished products. As domestic component manufacturing scales up and semiconductor fabs begin supplying chips, India’s electronics exports are expected to continue their upward trajectory. Analysts suggest that while rising tariffs or global supply disruptions could create challenges, India’s diversified production base, skilled workforce, and strong government support make the sector highly resilient, with a bright outlook for growth and employment.