‘India’s electronics industry poised to grow to $300 billion by 2025’

Union Minister of State for Electronics and Information Technology (IT) Rajeev Chandrasekhar has said the country’s electronics production industry is poised to grow from the present $72 billion to $3

Union Minister of State for Electronics and Information Technology (IT) Rajeev Chandrasekhar has said the country’s electronics production industry is poised to grow from the present $72 billion to $300 billion by 2025.

Delivering a virtual address at ‘The Big Tech Show’ organised here on Monday ahead of the upcoming Bengaluru Tech Summit 2021, he said electronics, which was the second largest globally traded commodity at 1.5 trillion annually, had tremendous opportunity in India.

Already, the country’s electronics industry had grown three times between 2014 and 2020. “Our ambition is to grow from $72 billion dollars of electronic production this year to about $300 billion by 2025,” he said.