Addressing the 14th convocation of IIT Hyderabad, Union Minister Ashwini Vaishnaw declared a landmark achievement. India’s electronics exports have surpassed USD 40 billion an incredible eight-fold increase in just 11 years. The production of electronics within India grew six-fold during the same timeframe, a factor that lends credence to the manufacturing capability of the nation.
Important Highlights from Vaishnaw’s Address:
Exports & Production Growth: Electronics production has grown 6× and the exports 8× during the last 11 years, sustaining double-digit CAGR.
Semiconductor Ambitions: The commercial production of the first Made-in-India semiconductor chip is expected to be seeded by the end of this year. India aspires to become one of the top five semiconductor countries in the near future.
Telecom Stack Success: A fully indigenous 4G telecom stack was created in just 3½ years and is now powering ~90,000 towers, more than the networks in many countries.
5G Labs & Talent Building: The government has rolled out 100 5G labs, having distributed EDA tools from Cadence, Synopsys & Siemens to over 270 colleges and institutions (including startups, the number increases to 340) for the fostering of semiconductor design talent.
Infrastructure Boost: Vaishnaw also discussed the quick development of Mumbai-Ahmedabad, India’s first bullet train, which is expected to start operations in August or September 2027.
These achievements highlight the Modi government’s efforts to create a self-sufficient electronics ecosystem that includes chip design, telecommunications, and semiconductor manufacturing under the Make-in-India project.
The electronics export stood at an estimated USD 12.41 billion in Q1 FY26 (April-June), with year-to-year growth clocking an impressive 47%. The chief markets for Indian electronics export were the United States (60.2%), the UAE (8.1%), and China (3.9%), marking India’s ascension on the global map of electronics manufacturing.
The growth in Q1 confirms India’s status as a developing center for electronics production and makes a significant contribution to the USD 40 billion annual export milestone.
The Significance of This Leap:
- Global Market Integration: Dominance of markets like US, UAE, and China signals deeper integration of India into global supply chains.
- Security and Self-Reliance: Indigenous telecom stack and semiconductor push furthers the national security and reduces import dependency.
- Job Creation and Skill Building: Economic boom arising from semiconductors, EDA labs, and 5G infrastructure projects is creating demand for skilled professionals.
- Strategic Infrastructure Synergy: By collaborating with major projects like telecom, railroads, and bullet trains, the growth of electronics supports national modernization
Conclusion:
Rising electronics exports in India with the scaling-up of manufacturing processes crystals the evolution of a manufacturing ecosystem aligned with the Make-in-India initiative. The assurance of indigenous semiconductors, solid telecom backdrop, and a talent pipeline pave India’s way as an electronics and technological hub across the world.