Last updated: September 8, 2025
- overview
- strengths
- policies
- agencies
India's electronics component manufacturing sector is a high-growth investment opportunity driven by government support, increasing domestic demand, and global market integration
23.64%
YoY increase in electronic goods exports during FY 2023-24
2nd
Largest mobile phone manufacturer in the world, with $15.5 Bn export in FY24
$80 Bn
Projected growth, at 33% CAGR, of the Electronics Manufacturing Services (EMS) market by 2027
US$ 101 billion
Value of India’s electronics market as of March 2023.
US$ 300 billion
Target for India’s electronics market by 2025–26.
US$ 29.12 billion
Exports of electronic goods in FY24, a 23.6% YoY increase.
US$ 100 billion
Total market size of electrical machinery in India
Indian Electrical and Electronics Manufacturers Association
+91 11 2336 3013 / 14
An apex industry body representing manufacturers of electrical, industrial electronics and allied equipment in India
Engineering Export Promotion Council
(+91 11) 23353353
