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Electronics manufacturing gets a reality check; only $225 bn value by FY26

Owing to the lukewarm response, the PLI scheme for IT hardware is being rewor­ked

electronic manufacturing

Surajeet Das Gupta New Delhi

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The government’s ambitious vision document that aims at achieving electronics manufacturing with a value of $300 billion by FY26 (including exports of $105-130 billion) could end up far lower than the target, according to a reality check this month.
The reality check came from the Indian Cellular and Electronics Association (ICEA), which partnered with the government in preparing the document.

The members of the ICEA are mobile and electronics companies, and its assessment, based on current trends, indicates that the total electronics production in FY26 will be around $225 billion.

This is 75 per cent of the vision

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First Published: Apr 26 2023 | 10:14 PM IST

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