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Electronics exports from the country have crossed Rs 4 lakh crore in 2025 and are expected to grow when four semiconductor plants begin production this year, Union minister Ashwini Vaishnaw has said. According to official estimates, electronic production reached around Rs 11.3 crore and exports were to the tune of Rs 3.3 lakh crore in 2024-25. "Electronics exports crossed Rs 4 lakh crore in 2025, creating jobs and bringing foreign exchange. Momentum will continue in 2026 as four semiconductor plants come into commercial production," Vaishnaw said in a social media post on Monday. The mobile phone industry dominates the country's electronics manufacturing sector at present. According to industry estimates, more than 25 lakh people are employed in the electronics sector. The minister shared a report which states that iPhone exports from India have hit Rs 2.03 lakh crore in 2025, which is almost double that of Rs 1.1 lakh crore Apple exported in the calendar year 2024. According to
Auto components major Samvardhana Motherson International Ltd on Monday said its arm Motherson Electronic Components Pvt Ltd has secured incentives under the government's production linked incentive scheme. Under the latest approvals, MECPL (Motherson Electronic Components Pvt Ltd) has been included among the beneficiaries of the Electronics Components Manufacturing Scheme (ECMS) announced by the Ministry of Electronics and Information Technology (MeitY), for the production of enclosures for the consumer electronics industry, Samvardhana Motherson International Ltd (SAMIL) said in a regulatory filing. These incentives are for six years -- from FY26 to FY31, with an expected cumulative investment of Rs 1,900 crore over the investment period, it added. "MECPL is looking to create over 5,000 employment opportunities at its plant in Kanchipuram, Tamil Nadu, during the course of these incentives," SAMIL said. Motherson's inclusion in the ECMS initiative reflects its strong capabilities
The Ministry of Electronics and IT on Friday said it has approved 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), with a projected investment of Rs 41,863 crore and production of Rs 2,58,152 crore. The approved proposals include those from Dixon, Samsung Display Noida Pvt Ltd, Foxconn (Yuzhan Technology India Pvt Ltd), and Hindalco Industries. These approvals are expected to spur 33,791 direct employment opportunities. In continuation of the approvals for 24 applications for an investment of Rs 12,704 crore announced earlier, the Ministry of Electronics and Information Technology (MeitY) has further approved 22 proposals under the ECMS, with a projected investment of Rs 41,863 crore and projected production of Rs 2,58,152 crore. Union IT Minister Ashwini Vaishnaw gave out the approval letters to the players on Friday. As per a background note circulated by the Ministry on the third tranche of approvals, the nod includes the manufacturing of 11 target
Petroleum products, and electronic goods are helping India increase its exports to China, with which it has a huge trade deficit of about USD 100 billion, according to the commerce ministry data. India's exports to China rose from USD 9.20 billion in April-November 2024 to USD 12.22 billion in April-November 2025, an increase of 32.83 per cent year-on-year. Petroleum products emerged as the largest contributor in the exports to China. It was followed by electronic goods, marine products, and oil meals, the data showed. "This sharp increase highlights strengthening trade momentum with China, supported by higher demand across key commodity segments and improved export performance over the period," an official said.
The government on Monday approved 17 projects entailing about Rs 7,172 cr investment across six categories under the Electronics Component Manufacturing Scheme (ECMS), underlining India's resolve and its decisive push into producing high-value components. These projects will lead to production worth Rs 65,111 crore cumulatively. "You have shown the way on how India will become major electronics manufacturing hub," Minister for Electronics and IT, Ashwini Vaishnaw said at an event announcing the second tranche of approvals. To achieve long-term success, India will have to focus on building design teams, ensuring six sigma quality standards in all products, and partnering with 'Swadeshi' suppliers in projects. Quality systems will be key part of evaluation process, the minister added. "The way geo-politics and geo-economics is emerging, the challenges will be bigger and in those challenging period your ability to have good supply chain control will define your resilience and ability
Additional electronics consumption worth Rs 20 lakh crore is expected to take place this year due to GST reforms rolled out by the government last month, Union Electronics and IT Minister Ashwini Vaishnaw said on Saturday. The minister said that data from all retail chains shows there were 20-25 per cent more sales in comparison to last Navaratri and there are many such categories, like 85-inch TV where stocks were completely sold out. "The increase in demand for electronics goods is directly impacting electronics manufacturing. Electronics manufacturing is now growing at a double-digit CAGR. It is very likely that the consumption will increase more than 10 per cent this year, which means, there is a high possibility of Rs 20 lakh crore extra consumption compared to last year," Vaishnaw said. He was speaking at a joint press conference with Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal on savings due to GST reforms which came into effect from .