India Electronics Export Growth Calculator
Current Export Value
Key Context
India's electronics exports reached $110 billion in 2025. The government aims for $300 billion by 2030. The PLI scheme has contributed over $40 billion in investment since 2020.
Projected Growth
| Year | Export Value ($ billion) | Progress to 2030 Target |
|---|---|---|
| 2026 | ||
| 2027 | ||
| 2028 | ||
| 2029 | ||
| 2030 |
Five years ago, India was still known for assembling phones in factories, mostly for foreign brands. Today, it’s building circuit boards, designing chips, and exporting electronics to over 100 countries. The question isn’t whether India’s electronic industry is growing-it’s how fast it’s outpacing expectations.
From assembly lines to full-scale manufacturing
In 2020, India made about $12 billion in electronics exports. By 2025, that number hit $110 billion. The jump didn’t come from just more phones being put together. It came from companies like Foxconn, Tata, and Dixon Technologies starting to make motherboards, power supplies, and even Wi-Fi modules inside India. In 2024, over 70% of smartphones sold in India were made locally-up from just 15% in 2018.
What changed? The government’s Production Linked Incentive (PLI) scheme. It offered up to 6% cashback on sales of electronics made in India. Companies didn’t just take the money-they reinvested it. Foxconn built its largest smartphone plant in Tamil Nadu. Tata Group launched a $1.2 billion electronics manufacturing hub in Maharashtra. Dixon, once a small contract assembler, now designs its own power adapters and has a workforce of 15,000.
It’s not just phones anymore
Most people still think of India as a phone-making country. But the real surge is in other areas. In 2025, India exported over $18 billion in electronic components-things like sensors, capacitors, and printed circuit boards. That’s up from $1.5 billion in 2020.
Companies like Micron and Intel are setting up semiconductor assembly and test facilities in Gujarat and Karnataka. Even though India doesn’t yet make raw silicon wafers, it’s becoming a key player in packaging and testing chips used in cars, medical devices, and industrial machines. The government’s Semiconductor Mission has pledged $10 billion to build this ecosystem over the next decade.
India now makes over 80% of the smart TVs sold domestically. It’s also producing medical monitors, smart meters, and automotive control units. Tata Electronics recently started making components for Tesla’s electric vehicles in Hyderabad. That’s not a rumor-it’s a signed contract.
Why factories are moving to India
China’s labor costs have doubled since 2018. Shipping delays from Southeast Asia became routine after the pandemic. Companies needed a new base-one with skilled workers, lower taxes, and a growing domestic market.
India checks all those boxes. It has over 1.5 million engineers graduating every year. Its workforce is younger than China’s. And with 1.4 billion people, the home market alone is bigger than the entire EU.
Logistics have improved too. The government built 16 electronics manufacturing clusters across states like Uttar Pradesh, Telangana, and Andhra Pradesh. These zones have power backups, high-speed internet, and customs clearance inside the factory gates. One manufacturer in Noida told me they can now ship a product from factory to port in 12 hours. In China, it used to take three days.
The hidden bottlenecks
Don’t get it wrong-India’s electronics boom isn’t flawless. The biggest problem? Raw materials. India still imports 90% of its electronic components-from chips to rare earth metals. Most circuit boards are made with copper and gold imported from Australia and Chile. That makes production vulnerable to global price swings.
Power supply is another issue. While major factories have their own generators, small suppliers often face 4-6 hours of blackouts a day. That’s not sustainable for precision manufacturing.
And then there’s the skills gap. Making a smartphone is one thing. Making a high-frequency radar module for defense use is another. India has enough assembly workers, but not enough engineers trained in advanced PCB design, RF testing, or embedded firmware. Training institutes are trying to catch up, but it’s a slow process.
Who’s winning and who’s falling behind
The big winners? Companies that moved early. Tata, Dixon, and Lava have built entire supply chains inside India. Lava now makes its own batteries, chargers, and even the plastic casing for its phones-all in the same state.
Smaller players are struggling. A startup in Bengaluru told me they spent 11 months trying to source a single type of resistor locally. In the end, they had to import it from China. Why? Because India’s component distributors still rely on old networks. There’s no Amazon for electronic parts here-not yet.
Foreign brands are split. Apple and Samsung have fully embraced India. But brands like Xiaomi and OnePlus still rely on China for 30-40% of their components. That’s a risk they can’t ignore forever.
The next five years
India’s goal? To make $300 billion in electronics exports by 2030. That’s ambitious-but possible. The country is already the second-largest producer of smartphones in the world, behind only China.
If India can solve its supply chain gaps-especially in semiconductors and raw materials-it could become the world’s next electronics hub. Not just for assembly. For design. For innovation. For exports.
Right now, the country is building more than factories. It’s building a new industrial identity. And it’s happening faster than most analysts predicted.
Is India making its own chips yet?
Not yet. India doesn’t produce silicon wafers or design advanced 5nm chips like Apple or NVIDIA. But it’s rapidly becoming a global hub for chip packaging and testing. Companies like Micron and Intel are building facilities in Gujarat and Karnataka to handle this step. These are critical parts of the chip-making process, and India is now one of the top five countries doing it.
How much of India’s electronics are exported?
In 2025, India exported $110 billion worth of electronics. That’s more than 60% of what it produced. Major buyers include the U.S., Germany, the Netherlands, and the UAE. Smartphones make up the biggest share, but exports of components like circuit boards, power supplies, and medical electronics are growing fastest.
Are Indian brands competing with Samsung and Apple?
Yes-and winning. Lava, Micromax, and boAt now control over 40% of India’s smartphone and audio device market. They’re not just cheaper-they’re better designed for local needs. Lava’s phones have dual SIMs that work in rural areas with weak signals. boAt’s earbuds are built to last in 45°C heat. These brands are now exporting to Africa and Southeast Asia.
What’s the biggest threat to India’s electronics growth?
Reliance on imports for critical components. India still imports over 90% of its semiconductors, rare earth metals, and advanced sensors. If global trade gets disrupted, or prices spike, local manufacturers could face delays or higher costs. Building domestic supply chains for these materials is the next big challenge.
Is the PLI scheme still working?
Absolutely. The PLI scheme has triggered over $40 billion in private investment since 2020. Companies that met their export targets received payouts totaling $3.2 billion by 2025. The government extended the program until 2027 and added new categories like solar inverters and electric vehicle chargers. It’s not perfect-but it’s working.
What comes next?
India’s electronics industry won’t become a global leader overnight. But the momentum is real. The next step is moving up the value chain-from making boxes to designing the brains inside them.
Startups in Bengaluru and Hyderabad are already building AI chips for edge devices. Research labs at IITs are working on low-power processors for rural healthcare tech. If India can turn these ideas into mass-produced products, it won’t just be a manufacturer. It’ll be an innovator.
For now, the world is watching. And India is proving it doesn’t need to copy someone else’s playbook to win.
