March 26, 2025 2:35 PM

India cruising towards $300 billion electronics production by 2026: Centre

India, which is the second-largest mobile phone producer in the world, is all set to reach $300 billion in electronics production by 2026, driven by the ‘Make in India’ and the production-linked incentive (PLI) scheme, the Centre said on Wednesday. In 2014-15, 26 per cent of mobile phones sold in India were locally made, which rose to 99.2 per cent by December 2024 In 2014, India had just two mobile manufacturing units; today, it has over 300. The mobile phone exports surged from Rs 1,566 ...