In financial year 2023, the overall production value of the electronics industry in India was estimated to reach over 8.2 trillion Indian rupees. Mobile phone production was the most valuable sector with an estimated production value of 3.5 trillion rupees, which saw tremendous growth in the last few years.
Thanks to the governmental policies for promoting local manufacturing of electronics, the number of smartphones manufactured locally has been on the rise. Many major foreign smartphone manufacturers have set up their manufacturing facilities in India. As of 2022, Oppo had the biggest market share relative to the number of smartphones manufactured in India. According to projections, by the year 2025, one fourth of iPhones would be manufactured in India.
Production value of electronics in India in financial year 2023, by type
(in billion Indian rupees)
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MeitY (India). (June 12, 2024). Production value of electronics in India in financial year 2023, by type (in billion Indian rupees) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India). "Production value of electronics in India in financial year 2023, by type (in billion Indian rupees)." Chart. June 12, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India). (2024). Production value of electronics in India in financial year 2023, by type (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India). "Production Value of Electronics in India in Financial Year 2023, by Type (in Billion Indian Rupees)." Statista, Statista Inc., 12 Jun 2024, https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India), Production value of electronics in India in financial year 2023, by type (in billion Indian rupees) Statista, https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/ (last visited December 07, 2024)
Production value of electronics in India in financial year 2023, by type (in billion Indian rupees) [Graph], MeitY (India), June 12, 2024. [Online]. Available: https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/