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The government says smartphone manufacturing beneath PLI drove a lot of the progress; the sector is now India’s third-largest export earner and a serious jobs generator.
India achieved a document $47 billion (₹4.15 lakh crore) in electronics exports in 2025, powered largely by the Manufacturing-Linked Incentive (PLI) scheme for smartphones, Union Minister for Electronics and IT Ashwini Vaishnaw stated on Monday.
Based on the minister, almost $30 billion of complete exports got here from PLI-driven smartphone manufacturing, underlining the central function of presidency incentives in reworking India into a world electronics hub.
Vaishnaw highlighted that India’s electronics exports have grown 11 instances since 2014–15, when the present authorities took workplace. Electronics has now emerged because the nation’s third-largest export class, creating round 25 lakh new jobs, with vital participation of girls and alternatives for MSMEs.
He famous that home electronics manufacturing has surged six-fold over the previous decade from ₹1.9 lakh crore in 2014–15 to ₹11.3 lakh crore in 2024–25. Exports, in the meantime, have expanded eightfold throughout the identical interval.
Calling the efficiency a hit story of the Make in India initiative, Vaishnaw stated:“World gamers are assured, Indian corporations are aggressive, and jobs are being created. That is the true impression of Make in India.”
The federal government has positioned electronics manufacturing as a key pillar of India’s industrial technique, with incentives geared toward attracting multinational companies, strengthening provide chains, and lowering import dependence, significantly in high-value sectors like smartphones, semiconductors, and IT {hardware}.
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