India’s electronics production has quadrupled over the past decade, rising from $31 billion in 2014–15 to $133 billion in 2024–25, marking a major milestone for the ‘Make in India’ initiative. Commerce Minister Piyush Goyal attributed this growth to targeted policy interventions and the government’s push for self-reliance in manufacturing. He highlighted the transformation from having just two mobile manufacturing units in 2014 to over 300 today, positioning India as the world’s second-largest mobile phone manufacturer.
Electronics exports surged over 47 percent in the first quarter of 2025–26 compared to the same period in the previous fiscal year. According to data from the India Cellular and Electronics Association, total electronics exports reached $12.4 billion in Q1 FY26, up from $8.43 billion in Q1 FY25. The mobile phone segment led the growth, expanding 55 percent from $4.9 billion to an estimated $7.6 billion. Non-mobile electronics exports also rose significantly, increasing 36 percent from $3.53 billion to an estimated $4.8 billion. These include solar modules, switching and routing apparatus, charger adapters, and electronic components.
The sector’s expansion has generated large-scale employment and diversified India’s export portfolio. The transformation was driven by strategic initiatives such as the Phased Manufacturing Programme, Production Linked Incentive schemes, and robust collaboration between state governments and industry stakeholders. With current momentum, electronics exports are projected to reach between $46 billion and $50 billion by the end of the fiscal year.
