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.

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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.

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