India’s electronics manufacturing infrastructure has been strengthening, and domestic value addition has risen to 18%-20%, according to the Ministry of Electronics & Information Technology. This has been made possible because of the Government’s constant efforts in developing the entire value chain, i.e., from finished products, components, sub-modules, base materials, and capital equipment. In the past 11 years, production has risen nearly six times, from Rs. 1.90 lakh crore (US$ 24.74 billion) in 2014-15 to around Rs. 12 lakh crore (US$ 156.39 billion) in 2024-25, while exports have risen nearly eight times, reaching Rs. 3.30 lakh crore (US$ 43.01 billion). The production of mobile phones has shown remarkable growth, increasing from Rs. 18,000 crore (US$ 2.35 billion) to Rs. 5.45 lakh crore (US$ 71.02 billion) during this period, highlighting India’s rapid emergence as a competitive electronics manufacturing base in electronics manufacturing.The Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing (LSEM) has been at the core of this growth journey. Till February 2026, the PLI Scheme has surpassed the set benchmarks in investments, production, and exports, with investments standing at Rs. 17,519 crore (US$ 2.28 billion), production at Rs. 11,01,813 crore (US$ 143.69 billion), and exports at Rs. 6,20,974 crore (US$ 80.99 billion). Direct employment generation of more than 1.85 lakh jobs and smartphones emerging as India’s top exported commodity in the calendar year 2025 are some of the significant achievements of the PLI Scheme. This gradual growth in value addition is a good indicator of the localization of electronic components and sub-assemblies, which would ultimately result in a reduction of the dependency on imports and would further cement India’s position as a global electronic and semiconductor manufacturing hub.Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.https://www.ibef.org/news/domestic-value-addition-in-electronics-manufacturing-rises-to-18-20-strengthening-india-s-localisation-push (ICE MUMBAI)

Fonte notizia: IBEF