Bharat Express

Electronics manufacturing

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

India’s electronics exports have seen a significant rise, largely driven by the government’s PLI scheme, according to IESA Chief.

India’s smartphone exports have soared by 54%, crossing Rs 1.75 lakh crore ($21 billion) in the first 11 months of FY2024-25.

The electronics sector in India is set to become the world’s largest manufacturing industry, with Tamil Nadu emerging as a key hub.

Lenovo plans to achieve 100% local PC production, including AI models, in three years, supporting 'Make in India.'

India’s smartphone exports soared by 140% in January 2024, reaching ₹25,000 crore ($3 billion). The surge was led by Apple’s supply chain, which contributed nearly 70% of total exports, followed by Samsung at 20%.

India’s mobile phone exports are set to exceed Rs 1.8 lakh crore in FY25, marking nearly 40% growth over the previous year.

As the Union Budget for 2025-26 approaches, the Ministry of Finance has unveiled key highlights, particularly in the area of semiconductor and electronics manufacturing.

The PLI schemes for 14 sectors are set to attract investments worth Rs 3 lakh crore to Rs 4 lakh crore in the coming years.