Mobile Manufacturing Sees Unprecedented Growth Under PLI
Mobile Manufacturing Sees Unprecedented Growth Under PLI
Under the aegis of National Policy on Electronics (NPE) 2019, MeitY has notified Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing (LSEM) and Production Linked Incentive (PLI) Scheme for IT Hardware.
Government has taken various initiatives including PLI Schemes, in last ten years which resulted in establishment of a strong electronics manufacturing ecosystem in India.
Government initiatives that made such transformation include:
· Electronics Manufacturing Clusters (EMC and EMC 2.0) Scheme
PLI Scheme for Large Scale Electronics Manufacturing has significantly impacted Mobile manufacturing sector in India particularly in transforming India from a net importer to a net exporter of mobile phones. Bharat is now the second largest mobile manufacturing country in the world. Growth of electronics goods production and exports are hereunder :
#
2014-15
2024-25
Remarks
Production of electronics goods (Rs.)
1.9 Lakh Cr
11.3 Lakh Cr
Increased 6 times
Export of electronics goods (Rs.)
38 thousand Cr
3.27 Lakh Cr
Increased 8 times
Mobile manufacturing units
2
300
Increased 150 times
Production of mobile phones (Rs.)
18 thousand Cr
5.45 Lakh Cr
Increased 28 times
Export of mobile phones (Rs.)
1,500 Cr
2 Lakh Cr
Increased 127 times
Mobile phone imported (units)
75% of the total demand
0.02% of the total demand
The PLI Scheme for LSEM has already attracted a cumulative investment of INR 12,390 Cr, led to a cumulative production of INR 8,44,752 Cr with exports of INR 4,65,809 Cr and generated additional employment of 1,30,330 (Direct jobs) till Jun’25.
The PLI Scheme 2.0 for IT Hardware have attracted a cumulative investment of INR 717.13 Cr, led to a cumulative production of INR 12,195.84 Cr and generated additional employment of 5,056 (direct jobs) till Jun’25.
Total FDI in field of electronics manufacturing in last 5 years (i.e. since FY 2020-21) is USD 4,071 Mn, cumulative FDI of USD 2,802 Mn has been contributed by MeitY PLI beneficiaries.
This information was submitted by Union Minister of State for Electronics and Information Technology, Shri Jitin Prasada, in the Lok Sabha today.