Politics · India Bureau
India's Electronics PLI Scheme Disburses Rs 19,091 Crore to Major Manufacturers
A significant tranche of incentives under India's Production-Linked Incentive scheme has been distributed to large-scale electronics manufacturers, reinforcing the country's emergence as a global smartphone production powerhouse.
LSN India ·
Major electronics manufacturers benefiting from India's Production-Linked Incentive (PLI) scheme have received Rs 19,091 crore in incentive disbursements, marking a substantial investment in domestic manufacturing capacity. The allocation underscores the government's commitment to scaling up electronics production and reducing import dependence.
India's smartphone manufacturing sector has experienced dramatic expansion over the past five years, with exports reaching approximately $30 billion in 2025-26—a more than five-fold increase from $5.5 billion in 2021-22. This surge reflects the success of policy interventions aimed at attracting global electronics makers and supporting domestic players.
The PLI scheme, launched to boost manufacturing competitiveness in electronics and other sectors, has catalyzed significant capacity additions and technology transfers. Industry participants have expanded production facilities, created employment opportunities, and strengthened supply chain resilience across the region.
The growth in smartphone exports has positioned India among the world's leading mobile handset manufacturers, alongside established players. Market analysts attribute this progression to a combination of government incentives, labor cost advantages, and improving manufacturing infrastructure. The sector's trajectory suggests India's potential to capture larger shares of global electronics supply chains in coming years.