TL;DR: India’s electronics manufacturing spans consumer, industrial, IT, strategic, automotive, and medical segments and has grown fivefold from ₹1.9 lakh crore in 2014–15 to ₹9.5 lakh crore in 2023–24. Growth is highly concentrated: mobile phones now dominate, rising from 10% to 44% of total production value, while consumer and industrial electronics have seen declining shares.
Context
Electronics is among the most strategically significant manufacturing sectors globally, underpinning economic growth, national security, and technological competitiveness. Over the past decade, India has moved from being a largely import-dependent market for electronic goods to one of the world’s fastest-growing electronics production hubs.
Driven by large-scale policy interventions such as the National Policy on Electronics (2019), Production-Linked Incentive (PLI) schemes, and the India Semiconductor Mission (ISM), the sector has recorded rapid growth, particularly in mobile phone manufacturing. Domestic electronics production increased from ₹5.54 lakh crore in 2020–21 to ₹9.52 lakh crore in 2023–24, implying a compound annual growth rate (CAGR) of 19.78% over this period.
In this article, we will examine the growth of electronics production and see how it translates into India’s role in the global electronics industry.
Who compiles this data?
Information on production across the categories of Electronics is compiled by industry associations and published in the annual reports of the Ministry of Electronics and Information Technology (MeitY).
Where can I download clean & structured data related to the production of the electronics manufacturing sector in India?
Clean, structured, and ready-to-use dataset on the year-wise production of the electronics manufacturing sector is available for download on Dataful.
Key Insights
More than fivefold increase in the value of electronic production in India
The electronics manufacturing industry spans multiple segments, including consumer devices, electronic parts and components, computer and IT hardware, industrial electronics, strategic electronics used in aerospace and defence, automotive electronics, and medical electronic equipment.
The data on the electronic production data in India show that between 2014-15 and 2024-25 show that there has been more than a five-fold increase in the electronics production data, from ₹1.9 Lakh Crores to ₹11.3 Lakh Crores.
Mobile phones account for almost half of the entire electronic production
Among the major electronics categories, mobile phones dominate. In 2023-24, the mobile phone sector alone accounted for 44% of the total electronics production, up from 10% in 2014-15. The production units of mobile phones went up from 2 to 300 between 2014-15 and 2024-25, while the import demand went down from 75% to 0.02%.
This sector is closely followed by Consumer Electronics and Industrial Electronics at 11% each in 2023-24. Their shares saw a gradual decline since 2014-15, where consumer electronics accounted for 29% and Industrial Electronics accounted for 21%.
Why does it matter?
The electronics sector occupies a central position in modern industrial economies due to its strong linkages with productivity growth, technological upgradation, and strategic autonomy. In a sector characterised by complex global value chains and high import intensity, domestic production figures assume a significant importance. As global production networks undergo reconfiguration due to geopolitical tensions and supply-chain diversification strategies, the electronics sector stands at a crucial point.
Key numbers
- Growth in the value of electronics production
2014-15: ₹1.9 Lakh Crores; 2024-25: ₹11.3 Lakh Crores
- Sectoral composition in Electronics production
2014-15: Mobile Phones- 10%, Industrial Electronics- 21%, Consumer Electronics- 29%;
2023-24: Mobile Phones- 44%, Industrial Electronics- 11%, Consumer Electronics- 11%;
Note: Featured image generated with Gemini Nano Banana Pro
