Production of electronic components valued at
$11 Bn and expected to reach $18 Bn by FY26.
Electronics Manufacturing Services (EMS) market
expected to reach $80 Bn by 2028.
Semiconductor market expected to reach $110 Bn
by 2030.
Imports of semiconductor chips expected to
reach ~$64 Bn by 2026.
In 2022-23, India’s imports of semi-conductor
chips from China grew 53% to $4.5 Bn from $2.95 Bn in 2021-22.
The printed circuit board assembly (PCBA) is
growing at 30% CAGR (2022-27) to reach $87 Bn in 2027 from $24 Bn in 2022.
Imports of electronic integrated circuits and
micro-assemblies grew from $3.3 Bn in 2020-21 to $4.7 Bn in 2022-23.
In 2022-23, India imported electronic
components worth $986 Mn.
Memory chips worth $311 Mn and ‘amplifier’
components worth $76.8 Mn were imported in 2022-23.
Electronics :
India’s electronics market is valued at $155 Bn with
domestic production accounting for 65%.
Growing display market expected to reach $15 Bn by 2025.
Imports of electronic goods grew 8% to $87.85 Bn in FY23
from $53.52 Bn in FY20.
India’s domestic production has increased at 13% CAGR from
$49 Bn in FY17 to $101 Bn in FY23.
Electronics exports expected to reach $120 Bn by FY26.
IT Hardware & Systems :
Indian IT hardware market is estimated at $19.77 Bn in
2024, and expected to reach $27.86 Bn by 2029, growing at a CAGR of 7.10% during the period
(2024-2029) according to Mordor Intelligence.
The total market size in terms of volume for IT hardware
products in India is estimated at $20 Bn.
Imports of laptops, tablets, personal computers (PCs), and
other electronic items grew from $3.2 Bn (2019-20) to $5.3 Bn (2022-23).
India imported computer hardware and peripherals worth $871
Mn.
