Electronics System Design & Manufacturing (ESDM) Industry in India

India's ESDM industry is targeting a manufacturing output of US$ 500 billion by FY30, supported by government initiatives such as the Electronics Components Manufacturing Scheme (ECMS).

Advantage India

Robust
Demand

*In FY25, India became second-largest manufacturer of mobile phones in the world, with 300 manufacturing units.

*By December 2025, Apple exported more than Rs. 4.42 lakh crore (US$ 50 billion) worth of iPhones from India, marking a significant milestone in the country’s electronics manufacturing growth.

Competitive
Advantage

*As of December 2025, 136 projects with a total cost of Rs. 550 crore (US$ 57.82 million) have received funding, spanning emerging telecommunications technologies such as 5G/6G, AI, quantum communications, and others.

*Projections indicate that India’s electronics production will reach USD 300 billion by 2026.

Policy
Support

*The production-linked incentive (PLI) schemes will provide companies opportunities to establish manufacturing plants in India.

*As of December 2025, India has approved 10 projects under the India Semiconductor Mission (ISM), with a cumulative investment of Rs. 1.60 lakh crore (US$ 18.11 billion) across 6 states.

Increasing
Investments

*As of December 2025, the Large-Scale Electronics Manufacturing (LSEM) scheme has attracted investments of Rs. 15,172 crore (US$ 1.72 billion) and generated 1,71,448 additional jobs.

*Tata Group plans to invest US$11 billion to develop a world-class Innovation City near the new Navi Mumbai International Airport, supporting India's ambition to become a global leader in artificial intelligence and semiconductor services.

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Last updated: Sep, 2026

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.

Company Website

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 30 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.

Company Website

Voltas 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.

Company Website

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