India Consumer Electronics Sector Report 2024-2025

Electronics is the world's leading traded commodity, and the industry is the world's fastest-growing as it finds application in all sectors of the economy. The electronics manufacturing sector has become the frontrunner of India's effort to become a global manufacturing hub. The share of the electronics sector in India's GDP has been rising, and in FY2023, it stood at 3.03% compared to 2.73% in FY2022. The total value of electronics manufactured in India in FY2022 totalled IND 6,408.1bn, an increase of 15.6% y/y. Mobile Phones had the highest share of manufacturing at 42.9% in FY2022, reporting a growth of 23.5% y/y in value terms. The consumer electronic sector, in particular, mobile phones, has been in the limelight due to heightened activity with the rollout of the (Production Linked Incentive) PLI scheme by the government and the China Plus One strategy being pursued by global firms to overcome concentration risk, making India one of the preferred destinations for manufacturing. The domestic growth drivers remain strong due to the rising aspirations of people, favourable demographics and the enabling government policy that attracts domestic manufacturing, thus facilitating job creation and spurring economic activity.

This report provides a complete and detailed analysis of the "Consumer electronics manufacturing" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Consumer electronics manufacturing" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors