आत्मनिर्भर भारत: इलेक्ट्रॉनिक्स विनिर्माण का केन्द्र

India’s market share in the global electronics manufacturing industry increased to 3.6% in 2020 from 1.3% in 2012. The Production Linked Incentive (PLI) scheme has effectively enticed international champions while giving an impetus to domestic manufacturers and creating national champions with global ambitions.

The major drivers of growth in this industry are mobile phones, consumer electronics, and industrial electronics. In the mobile phone segment, India has become the second-largest mobile phone manufacturer globally, with the production of handsets going up from 6 crore units in FY 15 to 31 crore units in FY 22.

“The domestic electronics industry, as of FY20, is valued at $118 billion. India aims to reach $300 billion worth of electronics manufacturing and $120 billion in exports by FY 26, supported by the vision of a $1 trillion digital economy by 2025,” the survey said.