The federal government has created a number of enablers for making India Aatmanirbhar in manufacturing. In consequence, India has moved from having 2 cellular manufacturing models in 2014 to over 300 at this time, he mentioned.
“One of many best journeys has been our transformation from a cellular importer to turning into the world's second-largest cell phone producer. The electronics sector has additionally generated large-scale employment alternatives with photo voltaic modules, networking units, charger adapters, and digital elements, additionally taking part in a key function in strengthening our exports,” the X put up learn.
Exports of electronics items jumped from Rs 38,000 crore in 2014-15 to Rs 3.27 lakh crore in 2024-25, an 8-fold enhance, the put up mentioned.As an example, in 2014-15, solely 26 % of the cell phones being bought in India had been made in India; the remaining had been being imported. It's value mentioning that at this time, 99.2 % of all cell phones that are bought in India are made in India. The manufacturing worth of cell phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24, Goyal mentioned.