Digital India, a programme to transform India into a digitally empowered society and knowledge economy
The world’s fastest growing industry, Electronics System Design and Manufacturing (ESDM) continues to transform lives, businesses, and economies across the globe. The global electronics market is estimated to be over $2 tn. India’s share in global electronics manufacturing has grown from 1.3% in 2012 to 3% in 2018.
Technology transitions such as the rollout of 5G networks and IoT are driving the accelerated adoption of electronics products. Initiatives such as ‘Digital India’ and ‘Smart City’ projects have raised the demand for IoT in the market and will undoubtedly usher in a new era for electronic products.
- India is expected to have a digital economy of $1 tn by 2025
- One of the largest electronics markets in the world anticipated reaching $400 bn by 2025
- India’s ESDM sector is expected to generate $100 - 130 bn in economic value by 2025
100% FDI is allowed under the automatic route.
In case of electronics items for defence, FDI up to 49% is allowed under automatic route and beyond 49% through the government approval. For further details, please refer FDI Policy
To know more about the Electronic Systems Sector in India: https://www.investindia.gov.in/sector/electronic-systems