Electronics and Information Technology Minister Ashwini Vaishnaw has highlighted India’s rapid rise in the electronics sector, with electronics now becoming the country’s third-largest export category, up from seventh place. India is also the second-largest mobile manufacturing country in the world, he noted.
In a social media post, Mr. Vaishnaw credited Prime Minister Narendra Modi’s vision for developing a robust electronics ecosystem as the driving force behind this growth. He said the PLI Scheme for Large Scale Electronics Manufacturing (LSEM) attracted investments of over ₹13,475 crore and generated production worth ₹9.8 lakh crore, creating over 1.3 lakh jobs in five years.
The Minister emphasized the government’s focus on expanding capacity for modules, components, sub-modules, raw materials, and manufacturing machinery. The Electronics Component Manufacturing Scheme is also supporting this transition, with 249 applications representing ₹1.15 lakh crore in investment, ₹10.34 lakh crore in production, and creating 1.42 lakh jobs, marking the highest-ever investment commitment in India’s electronics sector.
Mr. Vaishnaw further announced that ten semiconductor units have been approved so far, with three already in pilot or early production stages. Over the last decade, electronics manufacturing has created 25 lakh jobs, with employment expected to grow further as semiconductor and component production scales up.
He concluded by highlighting the impact of the Make in India initiative, noting rising production across finished products and components, increasing exports, stronger global confidence, and expanding employment opportunities for Indian citizens.