HomeNewsElectronics manufacturing and exports grow manifold in the last 11 years

Electronics manufacturing and exports grow manifold in the last 11 years

Central government-led schemes, including PLI for large-scale electronics manufacturing (LSEM) and PLI for IT hardware, have boosted both manufacturing and exports in the broader electronics category and the mobile phone segment.

The mobile manufacturing in India has taken a tremendous rise. In the last 11 years, the total number of mobile manufacturing units has increased from 2 to more than 300. Since the launch of PLI for LSEM, Mobile manufacturing has increased from 2.2 Lakh Cr in 2020-21 to 5.5 Lakh Cr.

Minister of State for Electronics and Information Technology Jitin Prasada, in a question, informed Rajya Sabha on Friday that as a result of policy efforts, electronics manufacturing has grown almost six times in the last 11 years – from ₹1.9 lakh crore in 2014-15 to ₹11.32 lakh crore in 2024-25.

The booming industry has generated employment for approximately 25 lakh people, and the electronic exports have grown by eight times since 2014-15.

According to the information submitted by Union Minister for Electronics and Information Technology Shri Ashwini Vaishnaw in Rajya Sabha, to encourage India’s young engineers, the Government is providing the latest design tools to 394 universities and start-ups. Using these tools, chip designers from more than 46 universities have designed and fabricated chips using these tools at Semiconductor Labs, Mohali.

Also, all major semiconductor design companies have set up design centres in India. Most advanced chips, such as 2 nm chips, are now being designed in India by Indian designers.

By: Shreya Bansal, Sub-Editor

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