India's electronics production grew seven-fold in 12 years — from ~₹1.9 lakh crore (2014-15) to ~₹13.11 lakh crore (2025-26); exports grew eleven-fold to ~₹4.24 lakh crore.
Mobile phone production rose 33-fold and exports 165-fold over the same period; smartphones are now India's top exported commodity, surpassing petroleum and gems & jewellery.
The PLI Scheme for Large Scale Electronics Manufacturing (launched 2020) has drawn ₹20,587 crore investment — 294% of its 5-year target — and ₹11,61,581 crore production, till March 2026.
Electronics manufacturing supports ~25 lakh jobs; the Union Cabinet approved Semicon 2.0 (₹1,27,500 crore outlay) on 15 July 2026.
Data was given by MeitY Ministers Jitin Prasada and Ashwini Vaishnaw in the Lok Sabha.
Boost domestic mobile phone manufacturing
Key: Launched 2020 (notified April 2020); has drawn 294% of its 5-year investment target
Build domestic manufacturing for laptops, tablets, servers etc.
Key: Launched 2023; ₹24,385.89 crore cumulative production so far
Deepen the domestic electronics component supply chain (PCBs, passives, camera modules etc.)
Key: Envisages ₹59,350 crore investment and 91,600 direct jobs; 75 applications approved so far
Build India's semiconductor fabrication and design ecosystem
Key: Original programme: 12 projects, ₹1.64 lakh crore; Semicon 2.0 (from 15.07.2026) adds ₹1,27,500 crore for fabs, packaging and materials
Nodal ministry implementing PLI, ECMS and Semicon India schemes
A PLI scheme gives companies a cash incentive tied to incremental production or sales actually achieved in India, rather than an upfront capital subsidy — encouraging scale and export orientation. The Electronics PLI (LSEM), notified in April 2020 as part of the Atmanirbhar Bharat/Make in India push, targeted large-scale mobile phone manufacturing and has since been extended to IT hardware (PLI 2.0), components (ECMS) and semiconductors (Semicon India/Semicon 2.0).
Simple Analogy: Rather than paying a company to build a factory, PLI pays it a bonus for every extra rupee of goods it actually makes and sells from India — rewarding output, not just investment intent.
| Scheme | Focus | Key Number |
|---|---|---|
| PLI-LSEM (2020) | Mobile phones & specified electronic components | 294% of 5-year investment target achieved by March 2026 |
| PLI 2.0 for IT Hardware (2023) | Laptops, tablets, servers | ₹24,385.89 crore cumulative production so far |
| ECMS | Electronics components (PCBs, camera modules, etc.) | 75 applications approved for 23 products |
| Semicon India / Semicon 2.0 | Semiconductor fabs, design, packaging | 12 projects (₹1.64 lakh cr) plus Semicon 2.0's ₹1,27,500 cr (from 15.07.2026) |
The umbrella initiative under which electronics-manufacturing policy, including PLI, was framed
The self-reliance push that directly motivated the 2020 PLI schemes, including LSEM
The broader industry classification covering production, components, design and semiconductors together
GS Paper 3 > Indian Economy > Industrial Policy & PLI Schemes
High — electronics/PLI growth statistics are updated and cited in Parliament regularly
An incentive tied to incremental production/sales achieved in India, rather than an upfront capital subsidy
The share of a finished product's value actually created within India rather than imported