+
India Emerges As Second Largest Mobile Manufacturer
ECONOMY & POLICY

India Emerges As Second Largest Mobile Manufacturer

India has seen substantial expansion in electronics manufacturing over the past 11 years as a result of government initiatives under Make in India and Atmanirbhar Bharat. Production of electronics goods rose from Rs one point nine trillion (tn) in 2014-15 to Rs 11.3 trillion (tn) in 2024-25, an increase of six times, while exports grew from Rs zero point three eight trillion (tn) to Rs three point three trillion (tn).

Mobile phone production grew markedly to Rs five point five trillion (tn) in 2024-25 and mobile exports reached Rs two trillion (tn). The Production Linked Incentive scheme for Large Scale Electronics Manufacturing, launched in 2020, is credited with stimulating domestic mobile manufacturing and supporting a move from net importer to net exporter.

Till December 2025 the PLI scheme had attracted Rs 151.72 billion (bn) in investment and generated 171,448 additional jobs. PLI 2.0 for IT hardware, launched in 2023, contributed cumulative production of Rs 165.31 billion (bn), cumulative investment of Rs 8,566.4 million (mn) and direct employment of 4,776. Cumulative production under the PLI schemes reached Rs 10.39 trillion (tn) by 31 December 2025.

The government has complemented the PLI measures with initiatives for electronic components and semiconductors, electronics manufacturing clusters and the Semicon India Programme, along with procurement preferences and tax reforms. Policy adjustments have allowed one hundred per cent foreign direct investment in electronics manufacturing, subject to applicable laws and regulations. These measures aim to reduce import dependence, deepen the domestic ecosystem and position India as a trusted global supply chain hub.

India has seen substantial expansion in electronics manufacturing over the past 11 years as a result of government initiatives under Make in India and Atmanirbhar Bharat. Production of electronics goods rose from Rs one point nine trillion (tn) in 2014-15 to Rs 11.3 trillion (tn) in 2024-25, an increase of six times, while exports grew from Rs zero point three eight trillion (tn) to Rs three point three trillion (tn). Mobile phone production grew markedly to Rs five point five trillion (tn) in 2024-25 and mobile exports reached Rs two trillion (tn). The Production Linked Incentive scheme for Large Scale Electronics Manufacturing, launched in 2020, is credited with stimulating domestic mobile manufacturing and supporting a move from net importer to net exporter. Till December 2025 the PLI scheme had attracted Rs 151.72 billion (bn) in investment and generated 171,448 additional jobs. PLI 2.0 for IT hardware, launched in 2023, contributed cumulative production of Rs 165.31 billion (bn), cumulative investment of Rs 8,566.4 million (mn) and direct employment of 4,776. Cumulative production under the PLI schemes reached Rs 10.39 trillion (tn) by 31 December 2025. The government has complemented the PLI measures with initiatives for electronic components and semiconductors, electronics manufacturing clusters and the Semicon India Programme, along with procurement preferences and tax reforms. Policy adjustments have allowed one hundred per cent foreign direct investment in electronics manufacturing, subject to applicable laws and regulations. These measures aim to reduce import dependence, deepen the domestic ecosystem and position India as a trusted global supply chain hub.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code