Business

India’s Electronics Manufacturing Grows Fivefold In Six Years: Minister Vaishnaw

Union Minister Ashwini Vaishnaw announced on Friday that electronics manufacturing in India has grown fivefold over the past six years, with the sector’s total value now surpassing ₹11 lakh crore.

He also revealed that electronic exports have increased sixfold in the last decade, crossing ₹3.25 lakh crore.

Major Milestone In ‘Make In India’ Journey

Speaking at the inauguration of VVDN Technologies’ state-of-the-art Surface Mount Technology (SMT) Line and Mechanical Innovation Park at the company’s Global Innovation Park in Manesar, Vaishnaw celebrated the sector’s impressive progress.

“Electronics manufacturing stands as one of the biggest success stories of the ‘Make in India’ initiative,” the minister said.

“The sector now employs more than 25 lakh people and is poised for exponential growth.”

Cabinet Clears New Component Manufacturing Scheme

Vaishnaw also highlighted the recently approved New Electronics Component Manufacturing Scheme, calling it a key step toward strengthening India’s role in global electronics supply chains.

He confirmed that the scheme guidelines will be released soon.

Also Read: India’s Forex Reserves Continue Upward Trend; Rise By $1.57 Billion

“India is now capable not only of manufacturing but also of designing advanced electronic products,” he said. “This gives us a significant edge over other countries that lack strong design capabilities.”

India’s Vision: A Trusted Electronics Hub

Reaffirming the government’s commitment to building a trusted and resilient electronics manufacturing base, the minister emphasised the importance of intellectual property protection, design-led innovation, and diverse rare earth supply chains.

Focus On Industry-Ready Skilling Programmes

In addition, Vaishnaw outlined a three-tier skilling strategy tailored for the high-tech electronics sector. This includes:

  • Basic technical training
  • On-site, product-specific skill development
  • Industry-aligned university courses

These initiatives aim to prepare a highly skilled workforce, especially for capital-intensive roles that are crucial to the electronics manufacturing ecosystem.

Looking Ahead

As India cements its position in global electronics manufacturing, the government’s forward-looking policies and strong public-private partnerships are expected to drive further growth.

With innovation hubs like VVDN’s facility in Manesar leading the way, the nation appears well on track to becoming a global powerhouse in electronics design and production.

Richa Kaushik

Recent Posts

4415 Indians Evacuated From Iran And Israel Under ‘Operation Sindhu’: MEA

India evacuated 4,415 nationals from Iran and Israel under Operation Sindhu, the MEA said Friday,…

5 hours ago

PM Modi To Embark On Five-Nation Tour To Strengthen Global Partnerships

PM Narendra Modi will embark on a five-nation tour from July 2, visiting Ghana, Trinidad…

5 hours ago

Allahabad HC Directs UPPSC To Allow Petitioner A Scribe For PCS Main Exam

The Allahabad HC has directed the UPPSC to allow petitioner Sameer Khan to use a…

5 hours ago

Allahabad High Court Slams UP Officials For Defying Judicial Orders

The Allahabad High Court strongly rebuked three senior officials from Baghpat district, the Collector, SDM…

6 hours ago

Adani Group Becomes India’s Fastest-Growing Brand, Driven By Green Energy Focus

The Adani Group has emerged as India’s fastest-growing brand in 2025, registering a massive 82%…

6 hours ago

Pakistan: Flash Floods In Swat Sweep Away 18 Tourists; Claim Seven Lives

Flash floods struck Swat district, on Friday, sweeping 18 tourists, including women and children, into…

8 hours ago