UP brings out draft policy to boost electronics, smartphone manufacturing

The Uttar Pradesh government is planning on boosting electronics and smartphone manufacturing in the Noida region, in line with its ambition of becoming a $1 trillion economy by 2030. 

 

It aims to provide various incentives to relevant domestic and global investors, such as subsidies on capital investment, stamp and electricity duty exemptions, and interest grants. 

 

The state’s IT and electronics department has drafted the ‘UP Electronics Component Manufacturing Policy 2025’, a senior official said. It will be implemented after receiving approval from the cabinet. 

 

The policy targets $50 billion worth of electronics production in the next five years, along with a million job opportunities. 

 

Chief Minister Yogi Adityanath, while reviewing the draft, said the policy will attract foreign investment, reduce import dependence, promote domestic value addition and help save foreign exchange. 

 

He added that India ranks as the world’s second-largest mobile phone manufacturer, with UP contributing 60 per cent of the domestic output. 

 

Along with the policy, the state will also offer top up incentives along with the Centre’s electronic component manufacturing provisions. Recently, the Centre had approved the establishment of a ₹417 crore electronics manufacturing cluster (EMC) under the EMC 2.0 scheme in the Gautam Buddha Nagar district (Noida), to be developed by the Yamuna Expressway Industrial Development Authority (YEIDA). 

 

Additionally, the UP government will leverage the upcoming Jewar International Airport in Greater Noida and the Delhi-Mumbai Industrial Corridor (DMIC) to raise the state’s participation in global supply chains. 

 

In 2023-24 (FY24), UP clocked electronics hardware exports worth ₹37,000 crore. 

 

India’s electronics production jumped to ₹11.3 trillion in FY25, up from ₹1.9 trillion in FY15. Similarly, mobile phone production increased to ₹5.45 trillion in FY25 from ₹18,000 crore in FY15.  Its mobile and smartphone exports grew to ₹2 trillion from ₹1,500 crore in the same period.