1、For updated information,please visit www.ibef.orgAugust 2025ELECTRONICS SYSTEM DESIGN&MANUFACTURING 2Table of ContentsExecutive Summary3Advantage India 4Market Overview 6Growth Drivers13Key Trends and Developments22Key Industry Contacts32Appendix343Executive summaryNote-Electronic goods include Elec

2、tronic instruments,Electronic Components,Consumer Electronics Source:Ministry of Electronics&Information Technology(MeitY),India Electronics&Semiconductor Association(IESA),Make in IndiaElectronics Market in India(US$billion)145 215 540 -100 200 300 400 500 600FY16FY19FY25Electronics System Design&M

3、anufacturing(ESDM)Market in India(US$billion)The Electronics System Design&Manufacturing(ESDM)industryincludes electronic hardware products and components relating toinformation technology(IT),office automation,telecom,consumerelectronics,aviation,aerospace,defence,solar photovoltaic,nanoelectronics

4、 and medical electronics.The industry also includes design-related activities such as productdesigning,chip designing,Very Large-Scale Integration(VLSI),boarddesigning and embedded systems.The Indian electronics system design and manufacturing(ESDM)industry,valued at about Rs.2,09,000 crore(US$24.45

5、 billion)in FY23and is estimated to reach Rs.9,09,000 crore(US$106.35 billion)byFY28,growing at a compound annual growth rate(CAGR)of 34%owing to strong demand,supportive government policies and increaseddigitalisation.Indias electronics industry is targeting a manufacturing output of Rs.43,10,000 c

6、rore(US$500 billion)by FY30,which requires a fivefoldincrease in production.This growth is also expected to create 12 millionjobs by FY27.The total budgetary allocation for the MeitY in the Union Budget FY26stood at Rs.26,026 crore(US$3.08 billion),reflecting an 18.64%increase over the budget estima