Latest News: Indian share markets will be open for trading on Sunday, February 01, as the Union Budget is being presented on that day * Key Highlights of Economic Survey 2025–26: GDP & GVA Growth Estimates for FY 2026: First advance estimates at 7.4% and 7.3% respectively * India’s Core Growth Projection: Around 7%, with real GDP growth for FY 2027 expected between 6.8% and 7.2% * Central Government Revenue: Rose to 11.6% of GDP in FY 2025 * Non-Performing Assets: Declined to a multi-decade low of 2.2% * PMJDY Accounts: Over 552 million bank accounts opened by March 2025; 366 million in rural and semi-urban areas * Investor Base: Surpassed 120 million by September 2025, with women comprising ~25% * Global Trade Share: India’s export share doubled from 1% in 2005 to 1.8% in 2024 * Services Export: Reached an all-time high of $387.6 billion in FY 2025, up 13.6% * Global Deposits: India became the largest recipient in FY 2025 with $135.4 billion * Foreign Exchange Reserves: Hit $701.4 billion on January 16, 2026—covering 11 months of imports and 94% of external debt * Inflation: Averaged 1.7% from April to December 2025 * Foodgrain Production: Reached 357.73 million metric tons in 2024–25, up 25.43 MMT from the previous year * PM-Kisan Scheme: Over ₹4.09 lakh crore disbursed to eligible farmers since inception * Rural Employment Alignment: “Viksit Bharat – Jee Ram Ji” initiative launched to replace MGNREGA in the vision for a developed India by 2047 * Manufacturing Growth: 7.72% in Q1 and 9.13% in Q2 of FY 2026 * PLI Scheme Impact: ₹2 lakh crore in actual investment across 14 sectors; production and sales exceeded ₹18.7 lakh crore; over 1.26 million jobs created by September 2025 * Semiconductor Mission: Domestic capacity boosted with ₹1.6 lakh crore invested across 10 projects * Railway High-Speed Corridor: Expanded from 550 km in FY 2014 to 5,364 km; 3,500 km added in FY 2026 * Civil Aviation: India became the third-largest domestic air travel market; airports increased from 74 in 2014 to 164 in 2025 * DISCOMs Turnaround: Recorded first-ever positive PAT of ₹20,701 crore in FY 2025 * Renewable Energy: India ranked third globally in total renewable and installed solar capacity * Satellite Docking: India became the fourth country to achieve autonomous satellite docking capability * School Enrollment Ratios: Primary – 90.9%, Upper Primary – 90.3%, Secondary – 78.7% * Higher Education Expansion: India now has 23 IITs, 21 IIMs, and 20 AIIMS; international IIT campuses established in Zanzibar and Abu Dhabi * Maternal & Infant Mortality: Declined since 1990, now below global average * E-Shram Portal: Over 310 million unorganised workers registered by January 2026; 54% are women * National Career Service Portal: Job vacancies exceeded 28 million in FY 2025 and crossed 23 million by September 2026

Indian electronics production soars 6-fold over the decade


Electronics has become the engine of innovation and growth, powering economies and redefining the technological landscape. Across the world, the sector is driving advancements in communication, automation, and connectivity, shaping how societies live, work, and interact.

India has rapidly transformed into a major electronics manufacturing hub, marking nearly a six-fold increase in production over the past decade. The sector has not only expanded its industrial base but also created 25 lakh jobs in the last 10 years, underscoring its role as a key driver of employment and economic growth. Strategic government initiatives and strong policy support have further boosted local manufacturing, expanded exports, and attracted significant global investment.

Read in Hindi: दशकभर में छह गुना बढ़ा इलेक्ट्रॉनिक्स का उत्पादन

With the ambitious vision of building a $500 billion domestic electronics manufacturing ecosystem by 2030–31, India is poised to emerge as a global technology leader, innovating for the world while creating vast opportunities at home.

India has rapidly transformed into a global hub for electronics manufacturing, driven by initiatives like ‘Make in India’ and ‘Atmanirbhar Bharat’. Strong policy support, technological advancements, and a skilled workforce have propelled both production and exports to unprecedented levels.

Electronics production increased from ₹1.9 lakh crore in 2014–15 to ₹11.3 lakh crore in 2024–25, nearly a six-fold rise. Exports grew eight times from ₹38,000 crore to ₹3.27 lakh crore during the same period. And, in the last 10 years, electronics manufacturing in India has created 25 lakh jobs. India has also attracted more than USD 4 billion FDI Inflow in the field of electronics manufacturing since FY2020-21.

The top 5 export destinations for Indian electronic goods in FY 2024–25 are the United States, the United Arab Emirates, the Netherlands, the United Kingdom, and Italy.

Supportive measures such as the Production Linked Incentive scheme and improvements in ease of doing business have significantly boosted manufacturing and exports. The rapid growth in electronics production has created substantial employment opportunities across the country, while India’s electronics sector has become deeply integrated into global supply chains, enhancing competitiveness and attracting foreign investment.

India’s mobile phone revolution is reshaping lives and livelihoods. With over 85 per cent of Indian households owning at least one smartphone, the device today serves as a tool for banking, education, entertainment, and access to government services. Mobile connectivity has become a powerful driver of financial inclusion and digital empowerment, making India one of the most connected societies in the world.

Mobile phone production increased from ₹18,000 crore in 2014–15 to ₹5.45 lakh crore in 2024–25, a 28-fold rise. Now, India has become the world’s second-largest mobile phone manufacturer. The Indian mobile manufacturing industry has scaled rapidly- from just two units in 2014 to over 300 units today.

Around 330 million mobile phones are produced annually, with nearly a billion devices in active use nationwide. Exports surged 127 times, from ₹1,500 crore in 2014–15 to ₹2 lakh crore in 2024–25.

In 2024, Apple exports from India hit a record ₹1,10,989 crore, crossing the ₹1 lakh crore mark with a 42 per cent YoY growth. In just the first five months of FY 2025–26, smartphone exports reached ₹1 lakh crore, a 55 per cent increase over the same period last year.

India has achieved near self-reliance in mobile production- from importing 78 per cent of its requirements in 2014–15 to manufacturing almost all devices domestically today. In Q2 FY 2025-26, India overtook China to become the top smartphone exporter to the United States.

Electronics form the backbone of the modern economy. From homes to hospitals, and from factories to vehicles, they enable efficiency, comfort and innovation. Every major sector today relies on electronics to improve performance, enhance safety and deliver better services. As technology evolves, the importance of electronics in driving progress across industries continues to grow.

Consumer electronics have become an inseparable part of daily life. Every household now depends on devices such as televisions, refrigerators, air conditioners and washing machines. These products bring convenience, entertainment and efficiency to homes. The growing affordability and variety of consumer gadgets reflect the expanding role of electronics in improving the quality of life for millions.

Electronic components are the foundation of the entire electronics ecosystem. They power every device, from a simple home appliance to complex industrial systems. No manufacturer can produce consumer electronics, defence systems or medical devices without these essential parts. The strength of this sub-sector determines the overall resilience and competitiveness of the electronics industry.

Modern vehicles are increasingly dependent on electronics for performance, safety and connectivity. As the world shifts towards electric and smart mobility, the demand for automotive electronics is rising sharply. Urbanisation and the growing need for cleaner transport are accelerating this change. From sensors to infotainment systems, electronics are transforming how vehicles operate and interact with users.

The rise in lifestyle-related illnesses and the growing demand for healthcare services have expanded the market for medical electronics. Devices such as oximeters, glucometers and digital monitors are now common in households and hospitals alike. Innovation in medical technology is improving diagnosis, treatment and patient care. Electronics have made healthcare more accessible, accurate and responsive to the needs of a changing world.

The Indian electronics industry has grown on the back of strong policy support and targeted government initiatives. These programmes aim to build a globally competitive manufacturing ecosystem, attract investment, and create large-scale employment while strengthening India’s role in global value chains.

Overall, India's electronics and mobile manufacturing journey reflects ambition, innovation, and global competitiveness. With sustained innovation and policy support, the country is poised to achieve a $500 billion domestic electronics ecosystem by 2030-31 and secure its position as a global leader in electronics and mobile technology.