India’s electronics manufacturing scheme turns into the government’s most rewarded sector with record incentives and exports

India’s large-scale electronics manufacturing scheme, a key part of the government’s PLI programme, has reported over Rs 19,000 crore in incentives and a significant boost in mobile exports, marking a substantial shift towards self-reliance and export-driven growth in the sector.

India’s large-scale electronics manufacturing scheme has become the most heavily rewarded part of the government’s Production Linked Incentive programme, with companies in the segment receiving Rs 19,090.98 crore in incentives through June 2026, according to data cited by NDTV Profit from the Department for Promotion of Industry and Internal Trade. The same data shows that beneficiaries have so far committed Rs 20,580.20 crore in investment, underscoring how closely the scheme has tied public support to private capital spending. The Economic Times reports the figures in broadly similar terms, placing incentives at about Rs 19,091 crore and investment at Rs 20,580 crore.

Launched in 2020, the PLI framework spans 14 sectors and was designed to raise domestic manufacturing, attract new investment, expand exports and reduce reliance on imports. Under the scheme, companies are paid incentives on incremental sales above a fixed base year, a structure intended to reward actual production rather than nominal promises. NDTV Profit says the programme’s combined approved outlay across sectors stands at Rs 1.91 lakh crore, while industry summaries note that the electronics package was set up with a five-year horizon and later extended by one year to 2025-26.

The electronics scheme was built around mobile phone manufacturing, and it has now become one of the clearest examples of the policy’s industrial push. NDTV Profit says 32 companies have been approved under the programme. The Times of India likewise says the scheme has supported India’s emergence as a major mobile manufacturing centre. The Economic Times previously reported that the scheme had helped catalyse about Rs 96,000 crore of investment in the domestic mobile production ecosystem, showing that the approved outlay has been amplified through wider supply-chain spending.

The export data points to the scale of that shift. Smartphone exports are reported to have risen to around $30 billion in 2025-26, compared with $5.5 billion in 2021-22, a jump that indicates how far India has moved from being primarily an assembly market towards a larger export base. Across all PLI schemes, the government has disbursed Rs 36,754 crore through June 30, 2026, with pharmaceuticals next at Rs 6,662 crore, followed by food products and automobiles and components. The distribution suggests that electronics has not only led in absolute incentives, but has also become the clearest proof of concept for the broader policy.

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