Make in India at 12 years: Electronics output up nearly seven times since 2014-15

Make in India, launched on 25 September 2014, has now completed 12 years and covers 27 sectors under Make in India 2.0: 15 manufacturing and 12 services sectors. It started as a broad push for manufacturing and has since grown to cover electronics, automobiles, pharmaceuticals, steel, railways, defence, semiconductors, renewable energy and industrial machinery.

Manufacturing Gross Value Added grew at a compound annual growth rate of 10.88 per cent between 2022-23 and 2025-26, as per the latest government data under the revised national accounts series. The manufacturing component of the Index of Industrial Production rose 7 per cent in April-July 2026 compared to the same period in 2025.

Electronics production went from around Rs 1.9 lakh crore in 2014-15 to about Rs 13.11 lakh crore in 2025-26, nearly seven times higher. It grew 15.8 per cent in 2025-26 over the previous year.

Mobile-phone production rose from around Rs 18,900 crore in 2014-15 to about Rs 6.3 lakh crore in 2025-26. India is the world's second-largest mobile-phone manufacturer by volume.

Make in India's policy framework is backed by Production Linked Incentive (PLI) schemes, the National Single Window System, India Industrial Land Bank and PM GatiShakti. The scheme works on the principle of "Minimum Government, Maximum Governance".