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India's electronics sector is poised for significant expansion, aiming to achieve $500 billion in manufacturing output by 2030.

This ambitious target necessitates a fivefold increase over the next five years, addressing a $400 billion production gap. Currently, domestic production stands at $101 billion, with mobile phones contributing 43% of this output. Other notable segments include consumer and industrial electronics (12% each), electronic components (11%), and emerging areas such as automotive electronics (8%), LED lighting (3%), wearables and hearables (1%) and PCBAs (1%).

More on this in our latest report ‘People Supply Chain Innovation - Empowering India’s Electronics Sector’

This growth trajectory is expected to create 12 million jobs by 2027, comprising 3 million direct and 9 million indirect positions. Direct employment will encompass nearly 1 million engineers, 2 million ITI-certified professionals and 200,000 specialists in high-demand fields such as artificial intelligence and robotics.

However, the industry faces a significant talent gap, with a current shortfall of 20-25% in skilled labor.

To bridge this gap, focused skilling programs, industry-academia partnerships and supportive policies are essential. Initiatives like the Production Linked Incentive (PLI) scheme and the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) are instrumental in driving this growth.

Expansion of India's electronics sector is not only pivotal for economic growth but also for positioning India as a global manufacturing hub. By addressing the talent gap and leveraging supportive policies, the industry is set to make substantial contributions to the nation's economy and employment landscape.

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