SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Economy News

The Economic Times

Economy / The Economic Times

details

India eyes 14-fold jump in electronic component production by FY31: Report

India aims for USD 500 billion in electronics production by FY31. Electronic component production is projected to reach USD 150 billion, a significant increase. Mobile phone manufacturing will also grow substantially, reaching USD 159 billion by FY31. Other categories like consumer electronics and IT hardware will see considerable expansion. This growth signifies India's expanding electronics manufacturing capabilities across diverse products.

24 Aug 2026 3:46 pm