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What happened
India’s electronics industry created 1.33 million jobs in five years, driven by the production-linked incentive (PLI) scheme which also increased smartphone exports nearly tenfold. Around 70% of these jobs involved women and first-time workers, with 400,000 direct and 930,000 indirect jobs created. The sector's growth supports economic development and formal employment expansion. India is set to become the world's second-largest mobile phone exporter in 2026 due to this trend.
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Key insights
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Women Employment in Electronics: Nearly 70% of newly created jobs in the electronics sector involve women, marking strong inclusivity and social impact.
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Export Growth: Smartphone exports rose almost tenfold, reaching more than Rs 2 lakh crore in FY25, significantly boosting India's trade profile.
Takeaways
The PLI scheme has significantly transformed India’s electronics manufacturing landscape by creating extensive jobs and boosting exports, positioning India as a leading global player in mobile phone production.