India's electronics manufacturing growth with government support.
India’s electronics manufacturing sector is experiencing robust growth, with domestic value addition rising to 20% due to targeted government support, according to Minister Jitin Prasada. This increase reflects the success of policies aimed at bolstering local production and reducing reliance on imports.
Overall electronics production has seen a significant surge, climbing from ₹1.9 lakh crore in 2014-15 to nearly ₹12 lakh crore in 2024-25. Simultaneously, exports have expanded dramatically from ₹38,000 crore to ₹3.3 lakh crore over the past 11 years. This growth underscores India’s increasing competitiveness in the global electronics market.
The government’s support initiatives include financial incentives, infrastructure development, and efforts to streamline regulatory processes. These measures are designed to attract investment, encourage innovation, and create a conducive environment for electronics manufacturers.
The rise in domestic value addition signifies a shift towards greater self-sufficiency and technological advancement within the sector. By increasing local content, India aims to enhance its manufacturing capabilities and reduce its trade deficit in electronics.
This growth trajectory positions India as a key player in the global electronics supply chain, attracting both domestic and international investments. The sector’s expansion is expected to create numerous job opportunities and contribute significantly to the country’s economic growth.