Electronics Manufacturing in India: Growth, Players, and What’s Next
When we talk about electronics manufacturing, the process of designing, assembling, and producing electronic devices like smartphones, TVs, and circuit boards. Also known as electronic production, it’s no longer just about assembling parts—it’s about building entire supply chains inside India, from chips to consumer boxes. This isn’t just policy talk. In 2024, India produced $180 billion worth of electronics, up nine times since 2014. That’s more than double the entire manufacturing output of many mid-sized economies.
What’s driving this? It’s not just government incentives. It’s local talent, smarter factories, and companies realizing they can build better, faster, and cheaper right here. India’s electronics industry, the ecosystem of companies making everything from smartphones to power supplies now includes global giants and homegrown heroes like Dixon Technologies, Texmaco, and Uflex. These firms don’t just assemble phones—they make circuit boards, lenses, batteries, and even plastic housings. And it’s not just phones. India now manufactures laptops, TVs, wearables, and components for global brands.
Exports are climbing too. Over $40 billion worth of electronics left India in 2024, heading to the U.S., Europe, and Africa. That’s not luck—it’s strategy. Factories in Tamil Nadu, Uttar Pradesh, and Andhra Pradesh are running 24/7, using automation and local steel, copper, and plastic. semiconductor industry India, the emerging effort to design and produce chips locally is still young, but it’s growing fast. Companies are starting to make sensors, power chips, and ICs here instead of importing them. This isn’t about replacing China overnight—it’s about building a parallel system that’s more reliable, more responsive, and more Indian.
And it’s not just big players. Small factories in Tier 2 cities are making connectors, cables, and PCBs for these larger outfits. One workshop in Ludhiana now supplies 200,000 charging ports a month. Another in Coimbatore prints circuit boards for medical devices. These aren’t footnotes—they’re the backbone of the whole system.
What does this mean for you? If you’re a buyer, you’ve got more options than ever—better prices, faster delivery, and products built for Indian conditions. If you’re a maker, the tools, skills, and support are finally here. The old idea that India can’t make high-tech goods? That’s gone. The real question now is: who’s going to lead the next wave?
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