Electronic product output increased 6 times in 11 years, export volume increased 8 times: Government | India News

NEW DELHI: The smartphone in your pocket increasingly carries a ‘Made in India’ context, as do many of the electronic components that power daily life. India’s electronics manufacturing industry has grown dramatically over the past 11 years, with output rising about six-fold and exports rising eight-fold, the government told India’s parliament on Friday, adding that India was now the world’s second-largest mobile phone maker. Electronics production increased from about Rs 1.9 billion in 2014-15 to nearly Rs 1,130 crore in 2024-25, while exports increased from about Rs 0.4 billion to about Rs 3.3 billion during the same period, Jitin Prasada, director of the Ministry of Electronics and Information Technology, said while sharing official data in the House. Mobile phones have been the biggest growth engine. Production has increased significantly from about Rs 0.2 billion in 2014-15 to about Rs 5.5 billion in 2024-25, while exports have surged from nearly Rs 1,000 crore to nearly Rs 2 billion, an increase of more than 100 times. The government attributes much of this momentum to the large-scale electronics manufacturing production-linked incentive scheme launched in 2020. Under the plan, mobile phone production will increase from Rs 214 crore in 2019-20 to Rs 550 crore in 2024-25, while exports will expand from nearly Rs 030 crore to Rs 200 crore. Officials also said India has transformed into a net exporter of mobile phones, reversing its status as an importer a decade ago. Prasada told Parliament that the Mobile PLI scheme has attracted investments of over Rs 15,000 crore and created over 1.7 lakh additional jobs by December 2025. He added that the IT hardware PLI 2.0 launched in 2023 has so far generated a cumulative output value of over Rs 16,500 crore, with an investment of approximately Rs 857 crore and created nearly 4,800 direct jobs. India is strengthening its position as a reliable global electronics manufacturing hub as factories expand and exports grow steadily, the government said.