India's Electronics Manufacturing Sector Receives Rs 20,580 Crore Investment Boost Under PLI Scheme

TOI Business•Published: Sep 27, 2026 08:45 PM IST

India's electronics manufacturing sector has seen significant growth, with companies securing Rs 20,580.20 crore in investments and receiving Rs 19,090.98 crore in government incentives through June. This surge highlights the success of the Production Linked Incentive (PLI) scheme in transforming the nation into a global hub for mobile device production and exports.

Incentive Payouts: Large-scale electronics manufacturers have claimed Rs 19,090.98 crore in government incentives, the highest disbursement among all sectors covered by the PLI program.
Capital Investment: The sector has successfully attracted Rs 20,580.20 crore in total investments, fueling domestic production capabilities and infrastructure expansion.
Export Growth: Smartphone exports have experienced a dramatic rise, climbing from $5.5 billion in 2021-22 to nearly $30 billion projected for 2025-26.

The Context & Background

Launched in 2020, the PLI scheme was designed to incentivize domestic manufacturing across 14 key sectors with a total budget of Rs 1.91 lakh crore. The initiative aims to reduce import dependency and position India as a competitive player in the global electronics supply chain.

Why it matters:The success of the PLI scheme is critical for India's economic growth, as it shifts the country from an import-dependent market to a major global manufacturing exporter. This transition creates thousands of high-skilled jobs and strengthens India's position within the global electronics value chain.

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