Advantage India
Robust
Demand
*India has strong design and R&D capabilities in auto electronics and industrial economics. India is the second-largest manufacturer of mobile phones in the world and will be the fifth-largest consumer of electronic products by FY26.
*In FY25, India became second-largest manufacturer of mobile phones in the world, with 300 manufacturing units.
Competitive
Advantage
*India committed to reach US$ 300 billion worth of electronics manufacturing and exports of US$ 120 billion by FY26.
*AI is expected to add US$ 967 billion to Indian economy by 2035 and US$ 450-500 billion to India’s GDP by 2025, accounting for 10% of the country’s US$ 5 trillion GDP target.
Policy
Support
*The production-linked incentive (PLI) schemes will provide companies opportunities to establish manufacturing plants in India.
*In March 2025, India announced a PLI scheme valued at Rs. 22,900 crore (US$ 2.68 billion) aimed at boosting domestic electronics manufacturing and decreasing dependence on imported components.
Increasing
Investments
*Tata Consultancy Services (TCS) is partnering with Tata Electronics Pvt Ltd to support India's goal of producing its first domestically manufactured chips by FY26.
*Investment of Rs. 8,803 crore (US$ 1.06 billion) has been made under the scheme for promotion of manufacturing of electronic components and semiconductors.
Bajaj Electricals
Bajaj Electricals Limited is a globally renowned and trusted company that is part of the US$ 100 billion multinational conglomerate Bajaj Group. The company's businesses span across Consumer Appliances and Lighting Solutions, while its Power Transmission and Distribution projects business has been demerged to form Bajel Projects Limited. The company was established by Mr. Jamnalal Bajaj in 1938, who built a rock-solid foundation based on Gandhian ideals. Even after 85 years, the brand is synonymous with trust and transparency. Over the years, the company has remained at the forefront of developing modern, technologically superior, and aesthetically pleasing products and solutions. Bajaj Electricals strives to offer world-class solutions to its customers from the moment they wake up to the moment they end their day.
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Dixon Technologies
Dixon Technologies was founded in 1993 by Mr. Sunil Vachani. It started with a single factory in Noida, India, focusing on manufacturing CRT televisions. Over the years, Dixon expanded its operations beyond CRT TVs to include various segments, Consumer electronics, Lighting, Home appliances, Mobile phones manufacturing mobile handsets. Dixon Technologies now boasts over 17 manufacturing units across India, from Noida to Chittoor in Andhra Pradesh. It serves clients globally and has become India’s largest electronics manufacturing services company.
Read MoreVoltas Limited
Voltas Ltd. is part of the Tata Group and the largest air conditioning company in India. It was established in 1954 and is headquartered in Mumbai, Maharashtra, with regional offices across major Indian cities. The company operates in the following three segments unitary cooling products, electromechanical projects & services and engineering products & services.
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