Electronics exports hit record $47 billion in 2025 as PLI fuels India’s growth

India has achieved its highest-ever electronics exports, reaching USD 47 billion (Rs 4.15 lakh crore) in the year 2025. Union Minister for Electronics and Information Technology Ashwini Vaishnaw shared this milestone on Monday, calling it a major success of the government’s manufacturing push. A large part of this growth has come from smartphones made under the Production Linked Incentive (PLI) scheme.

According to the minister, electronics has now become India’s third-largest export sector. It has also created around 25 lakh new jobs, with strong participation from women, more opportunities for MSMEs, and long-term skill development for young people.

How big is India's electronics export growth?

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India’s electronics exports have grown nearly 11 times since 2014-15, the year when the BJP-led government came to power. Back then, exports stood at Rs 0.38 lakh crore. Till 2024-25, this soared to Rs 3.3 lakh crores.

The output of electronics manufacturing has been gradually increasing and is now at a very high level. It has grown by 6 times in the last 11 years, from Rs 1.9 lakh crore during 2014-15 to Rs 11.3 lakh crore in 2024-25. At the same time, exports have grown 800 per cent, which is a clear indicator of India's increasing power in the global electronics market.

How did the PLI scheme boost smartphone exports?

The total electronics exports that reached a value of USD 47 billion in 2025 were primarily contributed by USD 30 billion from PLI-driven smartphone exports. This underscores the significance of the PLI Scheme for Large Scale Electronics Manufacturing (LSEM) to the sector.

Under this scheme, investments worth more than Rs 13,475 crore have been attracted so far. The production achieved under the scheme has reached Rs 9.8 lakh crore, according to the Union Minister. The focus on incentives linked to production helped global and Indian companies scale up manufacturing quickly.

Mobile phone manufacturing drives India’s electronics growth

India is now the second-largest mobile manufacturing country in the world. The number of mobile manufacturing units has jumped from just 2 in 2014-15 to nearly 300 today. As a result, 99.2 per cent of mobile phones sold in India are now ‘Made in India’.

Mobile phone production has grown sharply from Rs 0.18 lakh crore to Rs 5.5 lakh crore. Exports of mobile phones also rose from a negligible Rs 0.01 lakh crore to Rs 2 lakh crore. This reflects the strong impact of the ‘Make in India’ initiative on the electronics sector.

What is the government’s next plan for electronics manufacturing?

Initially, the government put its main emphasis on the production of finished electronic products. However, the focus has now moved to creating capabilities for the whole supply chain, from modules, components, and sub-modules to raw materials and even the machines that produce them.

In order to facilitate this transition, the Electronics Component Manufacturing Scheme has been launched. The intention behind this step is to make India's supply chain more robust, decrease reliance on imports, and, at the same time, generate a larger workforce and more value within the country.

Why is India’s electronics growth story important?

Union Minister Ashwini Vaishnaw stated that global companies are certain about India's abilities and Indian firms are getting more competitive. Electronics manufacturing is gradually turning out to be one of the major supports of India's economy with increased production, huge exports, and employment generation.

“This is the ‘Make in India’ impact story,” the minister said, highlighting how policy support and industry participation have together driven record growth in electronics exports.