India Consumer Electronics Sector Report 2026-2027

India's consumer electronics sector, a vital pillar of the digital economy, has rapidly risen to global prominence, transforming from an import-dependent market for mobile phones into a dynamic smartphone manufacturing hub. In just a few years, India has emerged as the world's second-largest producer of smartphones, supported by Apple's growing reliance on the country as a key supply-chain base. The government's Production Linked Incentive (PLI) schemes have been pivotal in this shift, propelling smartphone exports to become India's fourth-largest export item in FY2024, a dramatic jump from 14th place in FY2020. Building on this success, the launch of PLI 2.0 for IT hardware aims to catalyse a similar transformation in laptops, tablets, and computers, with a clear objective of moving beyond assembly into deeper sub-assembly and component manufacturing to integrate India more firmly into the global value chain (GVC). The sector's outlook is further strengthened by manufacturers' strategic diversification, alongside the advantage of India's vast and growing domestic market. At the consumer level, technological innovation has become central to sustaining demand, visible in the strong traction of AI-powered personal computers (PCs) and devices, while categories lacking breakthrough upgrades, such as smartwatches and, to some extent, personal audio devices, are beginning to show signs of saturation.

This report provides a complete and detailed analysis of the "Computer hardware 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 "Computer hardware 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