Union minister of Commerce and Industry has reportedly urged companies to scale up domestic manufacturing across the electronics value chain to strengthen self-reliance and reduce dependence on imports.
Issues concerning exports in the mobile and electronics sector were discussed during a meeting between the minister, government officials and representatives from the industry.
Additionally, the country’s electronic goods imports increased by roughly 17 per cent to $56.15 billion during April-September of the current financial year. Meanwhile, exports rose by 42 per cent to $22.2 billion in April-September 2025, up from $15.6 billion in the same period of the previous year. Smartphone exports, in particular, recorded a 58 per cent growth to $13.38 billion compared to $8.47 billion in the corresponding period of 2024.
The ministry has stated that ongoing free trade agreement (FTA) discussions with the European Union (EU), United Kingdom and European Free Trade Association (EFTA) are aimed at expanding market access for Indian electronics manufacturers. The electronics component manufacturing scheme (ECMS) and the production linked incentive (PLI) schemes are further helping to deepen domestic manufacturing capabilities and lower import dependence.
Further, the deliberations also covered India’s goal of reaching $180-200 billion in electronics exports by 2031.
