Introduction to Electronics Manufacturing in India
The electronics manufacturing industry in India has seen rapid growth over the past decade, driven by rising domestic demand and government initiatives like the National Policy on Electronics. India is now the world’s second largest manufacturer of mobile phones and continues to attract investments from global electronics giants.
Some key facts about electronics manufacturing in India:
- Market size was $67 billion in 2021 and is projected to reach $300 billion by 2025
- Mobile phone manufacturing has grown from 2 million units in 2014 to about 300 million units in 2021
- Laptop and tablet production has gone up from 3 million units in 2014 to 14 million units in 2020
- Exports of electronics have risen from $5.8 billion in 2014-15 to $15 billion in 2020-21
- Share of domestic value addition in electronics manufacturing increased from 10-15% in 2014 to 25% in 2021
The government has introduced several schemes like the Modified Special Incentive Package Scheme (MSIPS), Electronics Manufacturing Clusters (EMC) and the Production Linked Incentive (PLI) scheme to boost electronics manufacturing. Major global players like Samsung, Apple, Xiaomi, LG, Bosch, Foxconn, Flextronics and Wistron have either set up or expanded manufacturing facilities in India.
This article profiles the top 20 electronics manufacturing companies in India including details on their manufacturing capabilities, main products, investments, and recent developments.
Top 20 Electronics Manufacturing Companies in India
1. Samsung
- Headquarters: Seoul, South Korea
- Founded: 1938
- India presence: 1996
- Manufacturing locations: Noida (UP) Sriperumbudur & Chennai (TN)
- Products: Smartphones, Smart TVs, refrigerators, washing machines, air conditioners
- Investment: Over $1 billion in India manufacturing till date
- Key info: World’s leading mobile phone and TV manufacturer. Setup world’s largest mobile factory in Noida in 2018. Employs over 70,000 people in India.
2. LG Electronics
- Headquarters: Seoul, South Korea
- Founded: 1958
- India presence: 1997
- Manufacturing locations: Greater Noida (UP), Ranjangaon (Maharashtra), Chennai (Tamil Nadu)
- Products: Smartphones, consumer electronics, home appliances
- Investment: Over $250 million in India manufacturing
- Key info: Major products include LED TVs, ACs, washing machines, refrigerators. Mobile phone manufacturing plant set up in 2019.
3. Xiaomi Technology India
- Headquarters: Beijing, China
- Founded: 2010
- India presence: 2014
- Manufacturing locations: Sri City (Andhra Pradesh)
- Products: Smartphones, smart TVs, smartphones accessories
- Investment: $200 million initial factory investment
- Key info: No.1 smartphone brand in India. Produces over 75% of its devices sold in India locally. Employs over 10,000 people.
4. Foxconn Technology Group
- Headquarters: Taipei, Taiwan
- Founded: 1974
- India presence: 2006
- Manufacturing locations: Sri City (Andhra Pradesh), Chennai (Tamil Nadu)
- Products: iPhones, electronics components
- Investment: Over $1 billion committed investment in India
- Key info: World’s largest contract electronics manufacturer. Major supplier to Apple, Xiaomi, Nokia. Employs over 25,000 people in India.
5. Flextronics Technologies (India)
- Headquarters: Singapore
- Founded: 1990
- India presence: 2000
- Manufacturing locations: Chennai (Tamil Nadu), Sriperumbudur (Tamil Nadu)
- Products: High-end electronics, servers, medical devices
- Investment: Over $500 million in India
- Key info: Among the leading EMS companies globally. Major clients include HP, Ericsson, Lenovo, Panasonic Avionics.
6. Elin Electronics
- Headquarters: New Delhi, India
- Founded: 1979
- Manufacturing locations: Noida (UP), Dehradun (Uttarakhand), Roorkee (Uttarakhand)
- Products: Invertors, UPS systems, stabilizers, solar products
- Investment: Over ₹250 crore in manufacturing facilities
- Key info: India’s leading power electronics company with pan-India network. First invertor manufacturing company in India.
7. Dixon Technologies
- Headquarters: Noida, India
- Founded: 1993
- Manufacturing locations: Noida (UP), Dehradun (Uttarakhand)
- Products: LED TVs, home appliances, security cameras, mobile phones
- Investment: Over ₹600 crore in manufacturing facilities
- Key info: India’s largest home-grown design-focused EMS company. Clients include Panasonic, Philips, Motorola.
8. Orient Electronics
- Headquarters: Faridabad, India
- Founded: 1977
- Manufacturing locations: Faridabad (Haryana)
- Products: Lighting products (CFL, LED lighting), fans, switches, switchgear
- Investment: Over ₹300 crore in manufacturing facilities
- Key info: Major Indian manufacturer of lighting products and electricals. Exports to over 25 countries.
9. Amber Enterprises India
- Headquarters: Gurgaon, India
- Founded: 1990
- Manufacturing locations: Rajpura (Punjab), Greater Noida (UP)
- Products: Air conditioners, refrigerators, washing machines, microwave ovens
- Investment: ₹200 crore manufacturing facility in Rajpura
- Key info: AC components supplier to all major brands. Also undertakes complete unit assembly.
10. Syrma Technology
- Headquarters: Mumbai, India
- Founded: 1996
- Manufacturing locations: Chennai (Tamil Nadu), Himachal Pradesh
- Products: Servers, networking equipment, healthcare devices
- Investment: Planning new facility investment of ₹240 crore
- Key info: Specialized in high precision electronics, assembly and testing. Clients include Bosch, Daimler, Siemens.
11. Salcomp Manufacturing India
- Headquarters: Helsinki, Finland
- Founded: 1996
- India presence: 2006
- Manufacturing locations: Chennai (Tamil Nadu), Sri City (Andhra Pradesh)
- Products: Mobile phone chargers, adapters, battery packs
- Investment: Over $200 million
- Key info: Leading manufacturer of mobile phone charging devices and adapters globally.
12. SFO Technologies
- Headquarters: Indore, India
- Founded: 2011
- Manufacturing locations: Pune (Maharashtra), Kolar (Karnataka)
- Products: Mobile phone modules & components, die casting parts
- Investment: Over ₹2,000 million in facilities
- Key info: Supplies mobile phone components to leading brands. Acquired by DBG Group of Hong Kong in 2015.
13. NTL Electronics India
- Headquarters: Gurgaon, India
- Founded: 2015
- Manufacturing locations: Gurgaon (Haryana)
- Products: Power electronics & controllers, LED lighting electronics
- Investment: $50 million in facility
- Key info: Joint venture between NTL, Temasek and CEL. Focused on power electronics and LED lighting.
14. ADD Group
- Headquarters: Noida, India
- Founded: 1993
- Manufacturing locations: Baddi (Himachal Pradesh), Noida (UP)
- Products: LED TVs, washing machines, CCTV cameras
- Investment: ₹200 crore in facility expansion
- Key info: Provides electronic manufacturing services to major brands. 8 manufacturing plants across India.
15. VVDN Technologies
- Headquarters: Gurgaon, India
- Founded: 2007
- Manufacturing locations: Manesar (Haryana), Mohali (Punjab)
- Products: Dash cams, wifi cameras, tablets, servers, 5G equipment
- Investment: $200 million planned investment in capacity expansion
- Key info: Leading ODM focused on product engineering, cloud and manufacturing.
16. Optiemus Electronics
- Headquarters: Noida, India
- Founded: 1993
- Manufacturing locations: Noida (UP), Chennai (Tamil Nadu)
- Products: Mobile phones, telecom products, mobile accessories
- Investment: ₹300 crore in capacity expansion
- Key info: Top Indian mobile phone maker. Brands include Wynncom, GDN Mobiles. R&D in India and South Korea.
17. Sonodyne Speakers
- Headquarters: Haryana, India
- Founded: 1986
- Manufacturing locations: Haryana
- Products: Speakers, headphones, earphones
- Investment: Planning ₹60 crore investment to expand capacity
- Key info: Top Indian speaker brands. Supplies to Samsung, LG, Philips, other OEMs.
18. Aequs
- Headquarters: Belagavi, India
- Founded: 2011
- Manufacturing locations: Belagavi (Karnataka), Hosur (Tamil Nadu)
- Products: Aerospace components, automobile equipment
- Investment: $100 million invested across facilities
- Key info: Supplies precision equipment to Airbus, Boeing, Bosch. Has SEZ facility in Belagavi.
19. Advantage Optical Cable
- Headquarters: Guwahati
- Founded: 2004
- Manufacturing locations: Guwahati (Assam)
- Products: Optical fiber cables, HDMI cables, network cables
- Investment: ₹120 crore in facility expansion
- Key info: Leading fiber optic cable manufacturer. Exports to over 50 countries.
20. Centum Electronics
- Headquarters: Bengaluru, India
- Founded: 1993
- Manufacturing locations: Bengaluru (Karnataka)
- Products: Industrial electronics, space & defense electronics
- Investment: ₹225 crore in facility expansion
- Key info: Leading provider of electronics manufacturing services and solutions.
Key Factors Driving Growth of Electronics Manufacturing in India
Some of the key factors that have catalyzed the growth of electronics manufacturing in India include:
1. Rising domestic demand: India’s consumer market has seen rapid growth driven by a young population, growing disposable incomes and smartphone penetration. This has created a massive domestic demand for electronic products.
2. Government incentives: Schemes like Modified Special Incentive Package Scheme (MSIPS) and Electronics Manufacturing Clusters (EMC) have attracted global manufacturers by offering subsidies and tax benefits. The Production Linked Incentive (PLI) scheme provides incentives on incremental sales from goods manufactured in India.
3. Infrastructure development: Development of industrial clusters and corridors like the Delhi-Mumbai Industrial Corridor has enabled the creation of specialized manufacturing hubs with connectivity and logistics support.
4. Favorable policies: Progressive reforms and policies like digital India, Make in India, National Policy on Electronics have underscored India’s attractiveness as a manufacturing destination. The ease of doing business has improved significantly.
5. Supply chain ecosystems: Availability of component suppliers, ancillary units, raw material sources is enabling manufacturers to expand their production capacity in India.
6. Strategic location: India’s close proximity to key South East Asian markets, ports connectivity and free trade agreements make it an efficient export manufacturing base.
7. Skilled workforce: India has a cost-competitive skilled workforce including engineers, technicians and IT professionals that supports electronics manufacturing.
Growth Drivers and Trends in Major Electronic Product Segments
Mobile Phones
- India became 2nd largest mobile phone manufacturer globally with production of 300 million units in 2021
- Key manufacturers: Samsung, Xiaomi, Lava, Foxconn, Dixon, Optiemus
- PLI scheme to incentivize exports. Target to produce 1 billion mobiles by 2025
- Rising domestic demand, new product launches and exports to drive growth
Consumer Electronics
- Television production reached 13 million units in 2019 with top brands manufacturing locally
- Smart TV penetration expected to rise from 10% to 40% by 2025
- Refrigerator production at 13 million units, 75% for domestic market
- Logistics and distribution infrastructure improving penetration in smaller cities
- Eco-system of component suppliers aiding local value addition
IT Hardware
- Laptop and tablet production increased from 3 million units in 2014 to 14 million units in 2020
- Server manufacturing has commenced in India with global majors setting up facilities
- PLI scheme approved for IT hardware manufacturing
- Emerging as a component hub – capacitors, printed circuit boards etc
- Focus on exports especially for servers, PCs, tablets, mobile phone parts
LED Lighting
- India is 5th largest producer of LED lights globally with capacity of 1 billion units
- ‘Make in India’ and UJALA scheme have bolstered local production and adoption
- 100% FDI allowed through automatic route
- Electronics component clusters to aid LED manufacturing
- Rising exports along with domestic market expected to drive growth
Automotive Electronics
- Key products include batteries, sensors, displays, infotainment systems
- Major manufacturers: Motherson Sumi, FCC Rotek, Spark Minda, Bosch India
- Local value addition levels expected to rise from 15% currently to over 50%
- Design and testing capabilities being enhanced
- Connected mobility, EVs to drive growth for auto electronics
Industrial Electronics
- Linear technologies, process control equipment, automation solutions key areas
- Leading players are Honeywell, Fuji Electric, Hitachi Hi-Rel Power Electronics
- Make in India boosting indigenization and local manufacturing
- Increased application in infrastructure projects, energy, transportation sectors
- Exports potential especially in Middle East, South East Asia regions
Strategic Electronics
- High investment outlay to build domestic defense, space capabilities
- DRDO labs and defense PSUs developing specialized strategic electronics tech
- ISRO indigenizing satellite technology and space electronics
- Policy reforms and FDI liberalization to boost private sector participation
- Focus on achieving self-reliance in defense and space electronics
Key Clusters for Electronics Manufacturing Growth
India offers multiple location advantages for electronics manufacturing spanning across different states and industrial clusters:
| State/Cluster | Key Companies & Products | Infrastructure & Incentives |
|---|---|---|
| Andhra Pradesh – Sri City | Foxconn, Xiaomi, Nokia, Huawei | – Multi-product SEZ with ready infrastructure |
| Mobile phones, telecom equipment | – State incentives for mega projects | |
| Karnataka – Bangalore, Mysore | Bosch, Siemens, Tejas Networks | – Engineering talent and R&D ecosystem |
| Telecom, medical, industrial electronics | – Aerospace SEZs in Bangalore, Mysore | |
| Tamil Nadu – Chennai, Sriperumbudur | Flextronics, Foxconn, Dell, Nokia, Samsung | – Electronic hardware clusters |
| Mobile phones, Telecom equipment, PCs | – Port connectivity & multi-product SEZs | |
| Uttar Pradesh – Noida, Greater Noida | Samsung, LG, Dixon Technologies | – Operational metro, proximity to Delhi |
| Mobile phones, Consumer electronics | – State incentives for mega projects | |
| Haryana – Gurgaon, Manesar | VVDN Technologies, SFO Technologies | – Logistics hub with connectivity to Delhi |
| Servers, mobile components | – Ready infrastructure in industrial estates | |
| Punjab – Mohali | Infosys, Quark, Acius | – IT infrastructure, engineering talent pool |
| Electronics system design | – Incentives for IT investments |
Opportunities for Further Growth
Some of the focus areas that can catalyze the next phase of growth for electronics manufacturing in India:
- Exports: Tapping global markets through incentives for exports, participation in global supply chains and FTA utilization
- Defense & space: Achieving self-reliance in defense electronics, space electronics through R&D and private sector participation
- R&D and Innovation: Strengthening R&D efforts in futuristic technologies like AI, robotics, IoT, EVs
- SME integration: Developing ancillaries and component manufacturing through SME integration and hand-holding
- Skilling: Scaling up technical institutes to create specialized manpower in ESDM across states
- Clusters: Developing state-of-the-art clusters with infrastructure, testing facilities and common facilities
- Investor outreach: Attracting right investors through investor summits, ease of doing business reforms
- Electronics value chain: Boosting local value addition across the ESDM value chain from raw materials to components to finished goods
- Quality standards: Upgrading quality infrastructure and standards conformance certification facilities
- Domestic demand: Developing application segments like defense, rural, healthcare to catalyze domestic uptake
Conclusion
The electronics manufacturing industry is poised at an inflection point in India driven by the twin engines of domestic demand and exports. With its large domestic market, favorable demographics, developed manufacturing ecosystem and proactive policy framework, India has strong fundamentals to achieve its vision of becoming a global hub. The industry has evolved beyond mobile phone assembly to more value-added categories like consumer electronics, IT hardware, LED lighting and telecom equipment.
For India to achieve its $300 billion electronics production target by 2025-26, consistent policy support, infrastructure development and a vibrant innovation ecosystem will be the key enablers. With the right impetus, India can usher in the next wave of digital growth built on electronics hardware designed and made in India.
Frequently Asked Questions
Q1. Which state is the electronics manufacturing hub in India?
Ans: Tamil Nadu has emerged as a major electronics manufacturing hub in India with leading clusters in Chennai-Sriperumbudur belt. Key manufacturers located in Tamil Nadu include Foxconn, Flextronics, Nokia, Dell, Samsung, Bosch
