India’s electronics exports have witnessed unprecedented growth. In 2015, the sector ranked 167th in export volume, whereas in 2025, it is projected to rank second.
India’s electronics industry is poised for a transformative leap, with the ambition of becoming a global leader in manufacturing and exports. Union Minister of Commerce & Industry, Shri Piyush Goyal, emphasized the need for resilient supply chains, quality enhancement, and competitive pricing to establish India as a one-stop shop for electrical goods. With an ambitious target of achieving USD 100 billion in international trade exports over the next seven years, India’s electronics sector is set to redefine its global standing.
Strengthening Supply Chains and Enhancing Quality Standards
For India to achieve this ambitious target, the industry must prioritize the creation of robust and resilient supply chains. The COVID-19 pandemic exposed vulnerabilities in global supply networks, emphasizing the need for localized manufacturing capabilities. By focusing on backward integration, India can reduce dependency on imports, particularly for critical components like semiconductors and printed circuit boards (PCBs).
India must also upgrade its quality standards to ensure global competitiveness. Organizations like the Bureau of Indian Standards (BIS) and the Indian Electrical and Electronics Manufacturers’ Association (IEEMA) should work in tandem with industry stakeholders to align domestic production with international benchmarks such as IEC and ISO certifications. High-quality goods at competitive rates will help India position itself as a reliable alternative to global players like China and Taiwan.
Balancing Industry Growth and Consumer Interests
Minister Goyal highlighted the importance of striking a balance between protecting the domestic industry and ensuring consumer benefits. While policies supporting the MSME sector are essential for industrial growth, excessive protectionism can hinder competition and innovation. The electronics industry must work towards increasing efficiency, lowering production costs, and leveraging economies of scale to provide affordable yet high-quality products to both domestic and international consumers.
Rapid Growth in Electronics Exports
India’s electronics exports have witnessed unprecedented growth. In 2015, the sector ranked 167th in export volume, whereas in 2025, it is projected to rank second. The monthly export volume of electronic goods in January 2025 alone stood at USD 3 billion. This growth has been fueled by government initiatives such as the Production Linked Incentive (PLI) scheme, which has encouraged domestic manufacturing and foreign investment.
Expansion of Infrastructure and Workforce Development
A significant factor contributing to India’s electronics growth is the rapid expansion of transmission infrastructure and renewable energy capacity. Over the past decade, the industry has doubled its transmission network and installed renewable energy capacity, providing a strong foundation for sustainable industrial growth. Additionally, the establishment of 1,800 Global Capability Centres (GCCs) has played a crucial role in research, development, and innovation within the sector.
With one of the world’s largest pools of STEM graduates, India is well-positioned to develop a future-ready workforce. Government-backed initiatives such as the Skill India Mission and the National Policy on Electronics (NPE) 2019 aim to bridge the skill gap and promote technological advancements in the sector.
India as a Trusted Global Partner
The theme of ‘Bharat – The Vishwa Mitra’ underscores India’s vision of engaging with the world on an equitable and mutually beneficial basis. India’s commitment to fair trade practices, along with its emphasis on high-quality manufacturing, positions it as a trusted global partner.
Through flagship initiatives like ‘Digital India,’ ‘Make in India,’ ‘Design in India,’ and ‘Serve from India,’ the government is fostering an ecosystem that encourages innovation, enhances local production, and integrates India into global value chains.
Policy Interventions and Future Roadmap
To achieve the USD 100 billion export target, India needs a comprehensive policy framework addressing:
- Incentivization of Domestic Manufacturing: Strengthening the PLI scheme and promoting R&D investments.
- Infrastructure Development: Expanding industrial clusters and enhancing logistics efficiency.
- Trade Facilitation: Reducing tariff barriers and negotiating favorable trade agreements.
- Technology Adoption: Encouraging AI, IoT, and automation in electronics manufacturing.
- Sustainability Initiatives: Promoting green manufacturing and energy-efficient production processes.
India’s ambition to become a global hub for electronics manufacturing and exports is backed by strong policy support, industrial expansion, and workforce development. By fostering innovation, strengthening supply chains, and maintaining high-quality standards, India can not only achieve its export targets but also establish itself as a formidable player in the global electronics market. The coming decade will be crucial in shaping India’s trajectory as a leader in the international electronics trade.
