In financial year 2022, the overall production value of the electronics industry in India was estimated to reach nearly 6.5 trillion Indian rupees. Mobile phone production was the most valuable sector with an estimated production value of 2.7 trillion rupees, which saw tremendous growth in the last few years.
Thanks to the governmental policies for promoting local manufacturing of electronics, the number of smartphones manufactured locally has been on the rise. Many major foreign smartphone manufacturers have set up their manufacturing facilities in India. As of 2022, Oppo had the biggest market share relative to the number of smartphones manufactured in India. According to projections, by the year 2025, one fourth of iPhones would be manufactured in India.
Production value of electronics in India in financial year 2022, by type
(in billion Indian rupees)
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MeitY (India). (April 24, 2023). Production value of electronics in India in financial year 2022, by type (in billion Indian rupees) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India). "Production value of electronics in India in financial year 2022, by type (in billion Indian rupees)." Chart. April 24, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India). (2023). Production value of electronics in India in financial year 2022, by type (in billion Indian rupees). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India). "Production Value of Electronics in India in Financial Year 2022, by Type (in Billion Indian Rupees)." Statista, Statista Inc., 24 Apr 2023, https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/
MeitY (India), Production value of electronics in India in financial year 2022, by type (in billion Indian rupees) Statista, https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/ (last visited October 02, 2024)
Production value of electronics in India in financial year 2022, by type (in billion Indian rupees) [Graph], MeitY (India), April 24, 2023. [Online]. Available: https://www.statista.com/statistics/637619/electronics-production-value-by-type-india/