India ’ s total electronics production in FY24
ELECTRONICS
• India is home to the third largest pool of scientists and technicians in the world . ( Business Standard )
• India ’ s total electronics production stood at US $ 115bn in FY24 , of which around US $ 52bn was mobile phones , according to ICEA estimates ( Business Standard )
• Estimates say electronics production in India will need to grow at an annual growth rate of 22 % to reach the governmental target of US $ 500bn by 2030 ( Business Standard )
Samsung Electronics ’ mobile phone manufacturing facility in Noida , Uttar Pradesh
US $ 115bn
India ’ s total electronics production in FY24
94 January 2025