A decade ago India assembled little and imported most of its electronics and phones. Phased manufacturing plans, import duties and PLI incentives flipped that: electronics production rose from ~$30 bn (FY14) to ~$127 bn (FY25), and India became the world's second-largest mobile-phone maker.
Electronics Manufacturing
Electronics Manufacturing
In a decade India went from importing most of its electronics to making them. Electronics production grew roughly six-fold, from about $30 billion (FY14) to $127 billion (FY25), and mobile-phone output soared from $2 billion to $60 billion — India is now the world's second-largest mobile maker, producing ~330 million phones a year. The share of phones sold in India that are locally made jumped from 26% to over 99%. The counter shows electronics production.
$127 bn
Electronics production (FY25)
99%+
Phones made in India
2nd
Largest mobile maker
Electronics production
| Year | Electronics production |
|---|---|
| 2014 | 30 $ bn |
| 2015 | 32 $ bn |
| 2016 | 38 $ bn |
| 2017 | 49 $ bn |
| 2018 | 60 $ bn |
| 2019 | 70 $ bn |
| 2020 | 75 $ bn |
| 2021 | 76 $ bn |
| 2022 | 87 $ bn |
| 2023 | 102 $ bn |
| 2024 | 115 $ bn |
| 2025 | 127 $ bn |
| by 2026 | 300 $ bn — Govt target |
2014
0$ bn
Electronics production
20142025
Since 2014
Added
+97 $ bn
2014
30 $ bn
2025
127 $ bn
Govt target
300 $ bn
by 2026
National electronics goal
Why it matters Electronics is now among India's top exports and a big employer (~25 lakh jobs), central to Make-in-India and reducing import dependence.
- Electronics production: ~$30 bn (FY14) → ~$127 bn (FY25)
- Phones made-in-India: 26% → 99%+; 2nd-largest mobile maker
- Source: MeitY / ICEA
History
Made in India
The share of phones sold in India that are made in India rose from 26% to over 99%, and exports crossed $20 bn. Global giants like Apple and Samsung now build flagship models here, and component and semiconductor ecosystems are being seeded.
How it works
India built its electronics base the way many Asian economies did — starting with final assembly (fitting imported parts into finished phones), drawn in by the PLI scheme and higher duties on finished imports. Global contract manufacturers like Foxconn and Indian firms like Dixon set up plants; the value added is still modest, but each year more of the components — displays, batteries, chargers, and soon chips — are made locally.
Outlook
The numbers are striking: India is the world's second-largest mobile-phone maker, electronics output has crossed ₹11 lakh crore, and mobile exports passed $20 billion in 2024-25. The next target is component and chip localisation — a new components incentive scheme and the semiconductor fabs aim to raise the share of value actually created in India, turning 'assembled in India' into 'made in India'.
The road ahead
The hard next step is deepening the base — moving from assembly toward design and building more of the high-value components and chips at home.
By the numbers
Production ~$30 bn → ~$127 bn (FY14→FY25); phones 26% → 99%+ made-in-India; ~25 lakh jobs; world's #2 mobile maker. Source: MeitY / ICEA.
Source: MeitY / ICEA — electronics production (US$ billion), FY2014–FY2025.