India Exports ₹35,000 Crore of Electronics Components to China, Says Ashwini Vaishnaw

Written by: Team Angel OneUpdated on: 9 Jun 2026, 6:09 pm IST
India exported ₹35,000 crore worth of electronics components to China and is preparing to add around 250 new component manufacturing facilities over the next few years.
India Exports ₹35,000 Crore of Electronics Components to China
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India's electronics manufacturing sector is entering a new phase of growth as the country increases domestic production of components and strengthens its role in global supply chains, as per ANI news report.  

Alongside rising exports, large-scale investments in component manufacturing are expected to further deepen the industry's capabilities. 

Component Manufacturing Expansion Gains Momentum 

The country exported electronics components worth ₹35,000 crore to China during the previous year, highlighting the growing competitiveness of India's electronics ecosystem.  

At the same time, domestic manufacturing capacity is expanding rapidly, with 75 electronics component factories currently under construction. 

The next stage of growth is expected to be even larger. Around 250 additional electronics component manufacturing facilities are projected to be established over the next 2-3 years, creating a broader supplier base for both domestic and international markets. 

According to Ashwini Vaishnaw, Union Minister for Electronics and Information Technology, India is progressing steadily through the manufacturing value chain and building capabilities that support higher levels of value addition. 

Industry Moves Beyond Assembly Operations 

Addressing concerns that India's electronics industry is primarily focused on assembly work, Vaishnaw said the sector has already advanced beyond finished-product manufacturing and module production. 

"We started with finished product manufacturing. That is the way China, Vietnam, Taiwan, they all started like that. Then you go down to the module manufacturing. We have already reached that module manufacturing. And now we are going to manufacturing components," he said. 

The minister noted that India's manufacturing journey mirrors the path followed by several major manufacturing economies.  

While countries such as China and South Korea began their industrial expansion in the early 1980s, India's large-scale manufacturing push started only around 7-10 years ago. 

Government Support Continues Through ECMS 

The government's Electronics Component Manufacturing Scheme continues to attract investments into the sector. In March 2026, 29 additional proposals were approved under the scheme. 

These proposals involve projected investments of ₹7,104 crore and estimated production of ₹84,515 crore, while creating 14,246 direct jobs.  

The approvals follow an earlier round in which 46 applications with projected investments of ₹54,567 crore received clearance. 

Read More: India and Nepal Launch Cross-Border Remittance Mechanism Linked to UPI and NPI Systems! 

Conclusion 

With rising exports, expanding factory capacity and continued investment in component manufacturing, India is strengthening its position within the global electronics value chain. The ongoing expansion is expected to enhance domestic production capabilities while generating employment and increasing the country's presence in international electronics markets. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 9, 2026, 12:38 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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