India, one of the largest electronics markets in the world, is anticipated to reach US$400bn by 2025.
CAGR in Indian electronics market during 2014-2020.
largest smartphone and TV market in the world.
largest consumer electronics market by 2025.
FDI allowed under the automatic route.
projected value of electronics market in India by 2025.
to empower one person per household with digital literacy by 2020.
National Policy in Electronics to set up 200 Electronic Manufacturing Clusters.
largest concentration of technology startups in the world, at over 9,000.
Fund of funds
EDF to set up as a “Fund of Funds” for electronics, nano-electronics, and IT ventures.
India’s share in global electronics manufacturing has grown from 1.3% in 2012 to 3.0% in 2018.
By 2025, India could create a digital economy of $1 trillion, and India’s digital economy could fuel 18–23% of overall economic activity by 2025.
Electronics Development Fund Policy provides a framework to set up an Electronics Development Fund (EDF) as a Fund of Funds which will foster R&D and innovation in technology sectors like electronics, IT and nano-electronics. EDF will support Venture Funds and Angel Funds, which will be professionally managed and are dedicated to these sectors.
Introduced by Union Minister Sh Ravi Shankar Prasad, the PLI will facilitate the awarding of up to US$ 5 bn over a period of 5 years. The scheme is also expected to create 300,000 employment opportunities and increase the value addition for electronic systems by 45-50% over the course of five years.
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India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
Amphenol manufactures interconnect products for defence and civilian applications
Bosch, a leading multinational engineering and electronics company, has its largest development center outside Germany in India.
Delphi Technologies manufactures optimized electronic controls for automotives
Qualcomm India develops next-generation mobile technologies, with latest tech innovations and solutions
Samsung operates the world's largest mobile phone plant in India
LG runs manufacturing operations in India, one of its largest markets
GE makes healthcare, energy, aviation, digital and lighting products in India
Haier builds consumer electronics and home appliances in India
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments