New Delhi, Aug 6 || The production of electronics goods in the country saw six-time growth in the last 11 years -- from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, as exports surged eight times from Rs 38,000 crore to Rs 3.27 lakh crore in the same period, Parliament was informed on Wednesday.
India now has 300 mobile manufacturing units, from just two in 2014-15, while production of mobile phones has increased a whopping 28 times in the last 11 years -- from Rs 18,000 crore to Rs 5.45 lakh crore, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.
The export of mobile phones saw a stupendous 127 per cent growth -- from Rs 1,500 crore in 2014-15 to Rs 2 lakh crore in 2024-25, the minister said.
Industry estimates that the value addition for electronics manufacturing in India has increased substantially over the years. This achievement is a result of policy initiatives and reforms undertaken by the government in the last 11 years.