India electronics output up 6x to Rs 11.3 lakh crore
Electronics production in India rose sixfold in a decade to Rs 11.3 lakh crore in FY25, with exports up eightfold, according to an Infomerics Ratings report published 15 July.
- Output climbed from Rs 1.9 lakh crore in FY15 to Rs 11.3 lakh crore in FY25, with exports near Rs 3.3 lakh crore
- Mobile manufacturing expanded 28 times in the decade and mobile exports grew 127 times
- India targets $500 billion in electronics production and up to $200 billion in exports by 2030-31
India’s electronics output grew sixfold in ten years, from Rs 1.9 lakh crore in FY15 to Rs 11.3 lakh crore in FY25, according to a report by Infomerics Valuation and Ratings covered by Prokerala on 15 July. Electronics exports rose eightfold to around Rs 3.3 lakh crore over the same period. Mobile manufacturing expanded 28 times, and mobile exports grew 127 times on the back of production linked incentives.
The next leg is components and chips
The report counts over Rs 1.60 lakh crore of approved semiconductor investment across fabrication, packaging, testing and chip design, including recent projects worth Rs 4,600 crore expected to create 2,000 jobs. India already accounts for nearly 20 per cent of the world’s semiconductor design workforce. Infomerics chief economist Dr Manoranjan Sharma pointed to plans to develop 50 fabless semiconductor companies and expand talent through specialised training. The stated national target is $500 billion in electronics production and $180 to $200 billion in exports by 2030-31, and the report is blunt that deeper localisation of component manufacturing is the gate to getting there.
Why a consumer operator should care
Electronics is the single biggest basket of the Indian festive season, the category that anchors sale events, financing offers and retail media budgets. A larger domestic manufacturing base changes how that category behaves. Locally made devices reach shelves on shorter lead times, launch calendars align to Indian demand peaks rather than import schedules, and brands gain pricing room that imported stock never had. It also means more electronics brands with marketing budgets competing for the same shopper attention you are bidding on.
What an operator does with this
If you sell electronics or accessories, build your sourcing strategy around the domestic base, because proximity to manufacturers is becoming a margin and speed advantage rather than a compromise. If you sell anything else, plan around electronics as the gravity well of festive commerce. Schedule your own launches and offers where device led events will not drown them, and expect advertising costs to peak when the big device launches land.
Zane’s analysis draws on original reporting by Prokerala. Read the original report.