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India's Electronics Boom: Apple Hits $50B, 4 Chip Plants to Start in 2025

Union Minister Ashwini Vaishnaw announced that India is becoming a major player across the entire electronics value chain, from design to manufacturing. Electronics production has increased sixfold and exports have grown eight times over the past eleven years, with Apple alone shipping $50 billion worth of mobile phones from India. The government has approved 46 component manufacturing projects, and four semiconductor plants are set to begin commercial production this year, supporting over 25 lakh jobs. This rapid scale-up, including 22 new proposals under a manufacturing scheme, marks a decisive shift towards deep manufacturing and a producer economy.

Key Points: India's Electronics Exports Soar 8x, 4 Semiconductor Plants Start

  • Electronics exports grew 8 times
  • Apple ships $50B phones from India
  • 4 semiconductor plants start production in 2025
  • 46 component projects approved
  • 25 lakh jobs in electronics manufacturing
2 min read

India will become a major player in entire electronics stack: Ashwini Vaishnaw

India's electronics production up 6x, exports 8x under PM Modi. Apple ships $50B phones, 4 semiconductor plants begin production in 2025, creating lakhs of jobs.

"Electronics production has increased six times in last 11 years. And electronics exports have grown 8 times under PM Modi's focused leadership. - Ashwini Vaishnaw"

New Delhi, Jan 5

Union Electronics and IT Minister Ashwini Vaishnaw on Monday said that 'Bharat' will become a major player in entire electronics stack - design, manufacturing, operating system, applications, materials and equipment.

In an X post, the minister said that in a major milestone for Prime Minister Narendra Modi's 'Make in India' and "our quest to become a producer economy, Apple ships $50 billion worth mobile phones in 2025".

"Electronics production has increased six times in last 11 years. And electronics exports have grown 8 times under PM Modi's focused leadership. This progress has propelled electronics products among the top three exported items," Vaishnaw noted.

He further stated that adding to the ecosystem, 46 component manufacturing projects, laptop, server, and hearable manufacturers are making electronics manufacturing as a major driver of manufacturing economy.

"Four semiconductor plants will start commercial production this year. Total jobs in electronics manufacturing are now 25 lakh with many factories employing more than 5,000 employees in a single location. Some plants are employing as many as 40,000 employees in a single location," the m minister informed, adding that "this is just the beginning".

Last week, the industry welcomed the approval of 22 new proposals under the third tranche of the Electronics Components Manufacturing Scheme (ECMS) by the government, saying that it marks a decisive inflection point in India's journey towards deep manufacturing and the creation of globally competitive Indian champions in electronics components.

With this, the total number of ECMS-approved projects rises to 46, taking cumulative approved investments to over Rs 54,500 crore. Earlier tranches saw seven projects worth Rs 5,532 crore approved on October 22 and 17 projects amounting to Rs 7,172 crore on November 17. The rapid scale-up across tranches underscores the strong industry response and the growing confidence in India's components manufacturing vision.

According to IT Ministry, the 22 projects approved in the third tranche are expected to generate production worth Rs 2,58,152 crore and create 33,791 direct jobs.

- IANS

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Reader Comments

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Priya S
Very promising, especially the job creation numbers. 25 lakh jobs is significant. My cousin just got hired at one of these new component plants. Hoping this growth translates to more opportunities in tier-2 and tier-3 cities as well, not just the major hubs.
V
Vikram M
The ambition is good, but we need to be cautious. Becoming a major player in the *entire* stack from design to materials is a massive leap. We are strong in assembly, but the real value and IP is in design and core components. Hope the focus is on building that capability, not just numbers.
S
Sarah B
As someone working in tech here, the growth in electronics manufacturing is palpable. The shift from being just a consumer to a producer economy is crucial for long-term stability. The component manufacturing push (46 projects!) is the key to building a resilient supply chain.
R
Rohit P
Waah! This is what we needed. For too long we imported everything. Now with our own OS, chips, and components, we won't be dependent on other countries. Jai Hind! 🙏 The 40,000-employee factories show the scale we are achieving.
K
Karthik V
The numbers are impressive, but I hope the quality of jobs matches the quantity. "Direct jobs" are good, but we need skilled, well-paying engineering and R&D roles, not just assembly line work. The mention of design in the stack gives me hope.

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