In 2020, the global electronics market was projected to be worth US$ 2.9 trillion. In its National Policy for Electronics (NPE) 2019, the Indian government has extensively acknowledged the strategic relevance and growth potential of this industry. By creating a competitive environment for the industry, NPE aims to transform the nation into a comprehensive hub for Electronics System Design and Manufacturing (ESDM). As one of the top 25 priority sectors under the government's Make in India plan, the ESDM industry also plays a significant role in economic growth. The development of sustainable electronic device production and exports has received significant attention from Indian officials.

Information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano electronics, and medical electronics are all included in the Electronics System Design & Manufacturing (ESDM) industry. The sector also covers design-related tasks including board design, embedded systems, Very Large-Scale Integration (VLSI), semiconductor design, and product design.

Nearly 3.2% of the world's population and nearly 3.2% of the world's economy are both represented by India. As part of its Atmanirbhar Bharat programme, the Indian government hopes to transform the nation into a sizable electronics manufacturing and design centre. 

India has undergone a paradigm shift toward digitisation and e-governance thanks to the Digital India Programme. In the worldwide electronics manufacturing sector, India's market share climbed from 1.3% in 2012 to 3.6% in 2020. International champions have been successfully attracted by the Production Linked Incentive (PLI) scheme, which has also given domestic manufacturers a boost and produced national champions with international aspirations.

The last several years have seen a significant shift in India's electronic manufacturing sector as a result of numerous marketing activities. The government's successful policies and goals have propelled the electronic manufacturing sector on a strong growth trajectory. The availability of skilled labour, a sizable domestic market, and cheap labour have also contributed to its rapid expansion. 

Technology has played a significant role in driving change across businesses and in many aspects of society. In India, the market share of electronics is increasing. The electronics manufacturing ecosystem, which powers the technology sector, has seen significant market share gains in recent years in India.

India is quickly expanding its footprint and exports in the global supply chain and investigating sophisticated markets like the US and Europe in order to align its goals for consensual Free Trade Agreements (FTAs) by making electronics exports the primary priority while negotiating/selecting FTAs. India is making a concerted effort to analyse and make the most of the current trade agreements in order to improve the chances for investment. 

In India, the electronic industry is quite prominent. Indian-based manufacturers currently provide the world's demand for electronic components. These manufacturers are encouraged to create component ecosystems in India due to that country's skill set, knowledge, demographic dividend, and favourable governmental regulations. This will aid the nation in exhibiting its technical competence and serving as a role model to draw in additional foreign investors. The investor-friendly FDI rules in India will allow access to a wide range of international manufacturing firms. India has also been concentrating on enhancing its research and development skills and raising the general level of technological and digital literacy.

To compete internationally, electronics manufacturing demands large-scale operations. Additionally, because different steps in the production of electronics need a lot of labour, plug-and-play facilities like dormitories with top-notch amenities would need to be developed. The government must build dormitories along the lines of plug-and-play simulation in order to shorten turn around times and guarantee quick operationalization of electronics manufacturing units. Such difficulties present possibilities for nations like India and will assist lay the proper groundwork for its ambition of a $5 trillion GDP. India has the potential to rank among the top exporters of electronics worldwide, and the government is committed to turning India into an export hub.