India's Production-Linked Incentive scheme is attracting global laptop brands like Asus, HP, and MSI to shift production from China, boosting domestic manufacturing amid rising trade tensions.

Electronics manufacturing has grown five-fold, surpassing US$ 128.76 billion in FY25, while exports have increased six-fold to over US$ 38.04 billion, generating nearly 25 lakh jobs.

India’s total exports in FY25 touched US$ 820.93 billion, driven by strong services growth and rising non-petroleum merchandise exports.

Apple is set to post record iPhone shipments in India this quarter, crossing three million units, driven by affordability initiatives, strong demand for the iPhone 16 series, and a growing retail footprint.

India plans a US$ 4 billion incentive scheme to strengthen electronics design and cut import reliance across 60 semiconductor and electronics categories.