Electronics System Design & Manufacturing (ESDM) Industry in India

India is the second largest mobile handsets manufacturer in the world with regards to volume produced amounting to 30 crore (300 million) in FY21.

Advantage India

Robust
Demand

* One of the largest consumers of electronic products in the Asia-Pacific region.

* Third largest start-up hub coupled with strong research & development (R&D) ecosystem.

* Will be the fifth-largest consumers of electronic products by 2025.

* Electronics repair, in addition to manufacturing, is a US$ 20 billion opportunity that has the potential to create 5 million jobs.

Competitive
Advantage

* Addressable market for domestic OEMs is projected to be >Rs. 10 lakh crore (US$ USD 131.99 billion) by 2025.

* The Indian government's National Policy on Electronics (NPE 2019) aims to facilitate a turnover of US$ 400 billion in domestic manufacturing by 2025.

Policy
support

* Under the PLI scheme for IT Hardware, the approved enterprises are estimated to manufacture equipment worth >US$ 21.62 billion over the next four years.

* The electronics sector is expected to nearly double in contribution to the GDP in the next few years, owing to increased support from the government to domestic manufacturing.

Increasing
Investments

* The government has set a target to get ~Rs. 18,000 crore (US$ 2.4 billion) investments in the electronics manufacturing segment by 2021-22.

* The Indian market is witnessing increasing investment from players such as Intel, C4V (a lithium-ion cell manufacturer in the US), etc.

Last updated: Dec, 2022

ESDM Clusters

  • Madhya Pradesh
  • Andhra Pradesh
  • Punjab
  • Kerala
  • Tamil Nadu
  • Uttar Pradesh
ESDM India

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THE ESDM SECTOR WILL GENERATE US$ 1 TRILLION OF ECONOMIC VALUE

THE ESDM SECTOR WILL GENERATE US$ 1 TRILLION OF ECONOMIC VALUE

This growth is mainly attributed to increasing middle-class population, rising disposable incomes and declining electronics prices in the country.

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