Electronics & Technology in Uttar Pradesh

INDIA SCENARIO

Amplifying Growth

India’s electronics manufacturing base has expanded significantly over the last decade. Official Government data shows that electronics production increased from ₹1.9 lakh crore in 2014-15 to ₹11.3 lakh crore in 2024-25, while electronics exports increased from ₹38,000 crore to ₹3.27 lakh crore during the same period.

India is now targeting a US$500 billion domestic electronics manufacturing ecosystem by 2030-31, supported by policy interventions, ease-of-doing-business reforms, and a strengthening domestic manufacturing base.

This national growth trajectory is being supported by strong electronics demand across mobile devices, IT hardware, telecom equipment, consumer electronics and emergi

• 100% FDI is allowed under the automatic route. In the case of defence electronics, FDI up to 49% is allowed through automatic route and beyond 49% requires government approval.
• For further details, please refer FDI Policy, Government of India

• At present, India’s domestic production has increased at a CAGR of 13% from $49 Bn in FY17 to $101 Bn in FY23.
• The country's electronics export is expected to reach $120 Bn by FY26.
• India’s electronic goods exports increased by 32.47% in FY2024-25, rising from US$29.12 billion in FY2023-24 to US$38.58 billion in FY2024-25, making electronics one of the strongest growth drivers of India’s merchandise exports.
• India ranks 60 in Network Readiness Index 2023, a jump of 7 ranks from 67 in 2021.
• 96% reduction in data cost from INR 269 per GB in 2014 to INR 9.94 per GB in 2023.