Growth of Consumer Durable Industry in India - Infographic

The government anticipates that the Indian electronics manufacturing sector will reach US$ 300 billion by 2024–25.

Advantage India

Growing
Demand

* In 2025, the revenue of the headphones market in India is estimated at Rs. 22,433 crore (US$ 2.56 billion) and is expected to register an annual growth rate of 2.45% (CAGR 2025-2030).

* As of August 2025, India’s dishwasher market is valued between Rs. 596 crore (US$ 68 million) and Rs. 745 crore (US$ 85 million). The market is projected to expand at a CAGR of 3-12% over the next 10 years, with annual sales expected to surpass 1,85,000 units by 2030.

* Average monthly spending on consumer durables soared by 72% in FY25, fuelled by a growing wave of home ownership and the demand for furnishing new homes with appliances, according to the CMS Consumption Report 2025.

Opportunities

* Tech players such as Play (a tech brand) are focusing on tapping the Indian consumer electronics market, developing an electronic components manufacturing base in India, and encouraging export.

* In 2023-24, India’s workforce stood at 590 million, with 13.6% in formal and 86.4% in informal jobs. The formal temporary workforce reached 5.4 million in 2024, growing steadily from 2019-20 to 2023-24, as firms increasingly adopt flexible staffing for demand shifts and compliance needs.

* With robust growth, India aims to achieve electronics manufacturing worth US$ 300 billion in electronics and exports of US$ 120 billion by FY26.

Policy
Support

* 100% FDI allowed in the electronics hardware-manufacturing.

* As of January 20, 2025, under the PLI Scheme for White Goods (Air Conditioners and LED Lights) approved for 2021-22 to 2028-29 with an outlay of Rs. 6,238 crore (US$ 711.85 million), 84 companies have committed investments of Rs. 10,478 crore (US$ 1.20 billion), expected to generate production worth Rs. 1,72,663 crore (US$ 19.70 billion) during the scheme period.

Increasing
Investments

* Between April 2000-March 2025, electronic goods attracted FDI inflows of Rs. 49,715 crore (US$ 6.87 billion).

* The setting up of a Rs. 417 crore (US$ 47.6 million) Electronics Manufacturing Cluster (EMC 2.0) at Gautam Buddha Nagar, Uttar Pradesh. It aims to boost local manufacturing and innovation.