Bharat Express

Electronics Exports

The Union Cabinet approved a ₹22,919 crore scheme to boost electronics component manufacturing and promote self-reliance in the sector.

India is set to reach $300 billion in electronics production by 2026, driven by the success of the ‘Make in India’ initiative.

The country's electronics exports are on track to exceed ₹3 lakh crore for the first time in the current fiscal year (FY25).

Smartphone exports increased by 45% as companies like Apple and Samsung expanded production in India.