New Delhi, Nov 20
India’s electronics sector could scale up to $500 billion in production and exports by 2030 as the country’s expanding global footprint is being strengthened by new free trade agreements (FTAs), investor-friendly reforms and a rising shift toward manufacturing-led growth.
According to industry associations, India is increasingly positioning itself for deeper integration into global value chains as companies ramp up investments and diversify their supply bases.
India’s mobile manufacturing rise is particularly significant. The value of mobile production has grown from $2 billion in 2014–15 to $62 billion in 2024–25, making India the world’s second-largest mobile manufacturer.