India's electronic exports can rise 16 fold to $180 billion by 2025

With India now working to reduce electronic goods and component imports from China which accounted for a third of all imports from across the border Industries wants the government to expand policies like performance linked incentive scheme and phased manufacturing programme for the entire sector

India's domestic production of electronics was valued at just $70 billion accounting for only 3.3 percent of global market.

Electronics exports from India can potentially rise from $11.28 billion in 2019-20 to $180 billion in 2025

With global supply chain for electronic goods observing a reformation as companies look to decrease dependence on China, India's domestic electronic goods industry is staring at a potential windfall. Estimates by Electronics and Computer Software Export Promotion Council (ESC) suggest electronics exports from India may potentially hit $180 billion by 2025 from just $11.28 billion in 2019-20.

In order to achieve that however, the industry believes it wants proper long term policy provision from the government. ESC has submitted a charter to the government that suggests increasing the existing production linked incentive scheme beyond just mobile and smartphones to the entire electronic manufacturing sector.

Mr. Sandeep Narula, Chairman, ESC. Stated, "We have generated a roadmap for taking India's electronics exports, which comprises of mobile phones and accessories, components and other electronics and hardware items to $180 billion by 2025 to bring exports from the segment more or less at par with software exports, bold choices are necessary to create an allowing ecosystem for the sector to strengthen its manufacturing base and exports."

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