Statistics, news & updates: everything you need to know about the Electronic & Electrical Industry in India


  • Summary
  • COVID-19
  • Industry Clusters
  • Growth Drivers
  • Key Players
  • Market Stats
Electronics & Electricals Industry Expertise


  • Cable & Optical fibre
  • Control Equipment and components
  • Electrical Equipment & Components
  • Electronic Components Semiconductors & PCBs
  • Electronic Equipment & Measurement Instruments
  • Hardware, Storage & Peripherals
  • Lighting products
  • Motors, Generators & Transformers
  • Telecommunication equipment & components


In the event that with 100% FDI in electronics and IT hardware production and Electronic Systems Design & Manufacturing, the Indian Government clearly wants to accelerate the Electronics and Electrical Industry. Moreover, as India has a large pool of Engineers, many companies have already shifted their production to India or source labour from India. As a consequence, the Indian Government is currently supporting skill development in Electronics System Design & Manufacturing.

With this in mind, a scheme under which 1,86,000+ candidates have already been trained. That being the case, the Government also wants to create new manufacturing hubs with special incentives for producers. Nevertheless, the electronic market will increase with a CAGR of 41.4% from $ 100 Billion in 2016 to $ 400 Billion in 2020. Subsequently, the Government’s ‘Make in India’ and ‘Digital India’ programs surge opportunities for foreign companies looking to invest in India. Besides these, schemes like M-SIPS (Modified Special Incentive Package Scheme) and EDF (Electronic Development Fund) also attract foreign investors.

Covid-19 Impact

Furthermore, the Indian electronics industry heavily relies on imports from China. That being the case, it sources a wide range of electronics raw materials, components, and related goods from China. In fact, India sources around 75% to 85% of the value of electronic components used in smartphones and televisions  from China. Moreover, if we go by the statistics, the electronic goods imported from China to India stood at Rs. 1,48,555 crore in 2015-16. Hence, this accounts for around 55% of India’s total hardware imports. Though, the figure saw a rise of Rs. 2,06,086 crore in 2017-18. Whereas, in 2018-19, the total electronic goods imported from China to India were Rs 1,59,165 crore.

As a consequence of the coronavirus pandemic, most of the manufacturing units in China are either closed or working with reduced capacities. Not only this but several Chinese component makers have hiked prices by 2-3% owing to supply shortages. Conversely, the prices could further go up if the situation does not come under control. However, there is a positive outlook with the hope that the effects of the pandemic would ease in the coming time and the manufacturing units in China would ramp up their production. Hence. this would mean, an overall positive picture for the Indian electronics industry as well.

Map – Industry Clusters

Map- Industry Clusters - Electronics

Growth Drivers

  • India has the 3rdlargest pool of scientists and technicians worldwide.
  • India is home to considerable talent for electronic chip design and embedded software.
  • National Policy on Electronics 2019 (NPE 2019), proposed by the Ministry of Electronics and Information Technology (MeitY) envisage placing India as a global hub for Electronics System Design and Manufacturing (ESDM).
  • Additionally, there is increased governmental spending in the sector.
  • Also, there is raising incomes and credit availability.
  • Moreover, the Electronics sector in India has lower manufacturing costs compared to other markets.
  • Hence, all IT/Electronic products can be freely imported with the exemption of a few defense related items.

Key Players in India


  • Nokia, LG, Samsung, Microsoft, Texas Instruments, Flextronics, Siemens, Schneider Electrical, Bosch, Kelvin Electricals, Jabil Circuits


  • Bharat Electronics, Crompton Greaves, Bajaj Electricals, Wipro Lighting, Videocon, Sterlite Technologies, Centum Electronics

Market Stats

  • As a matter of fact, India is one of the largest electronics markets in the world. It is further anticipated to reach $ 400 billion by 2025.
  • Furthermore, the Consumer Electronics and Appliances Industry in India is expected to become the fifth largest in the world by 2025.
  • India is expected to become a $ 28.3 billion consumer electronics industry by 2020.
  • Alternatively, the electronic market projected to grow at a CAGR of 17% in 2014-2020.
  • Accordingly, demand for electronic products and systems is expected to rise to $ 400 billion by 2020
  • India’s electronics imports touched a record $ 55.6 billion in FY19.
  • On the other hand, 100% Foreign Direct Investment (FDI) is allowed under the Automatic Route in the ESDM industry.
  • Additionally, the gaming market in India to reach $ 801 million by 2022.
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