Explore India's Leading Electronics System Design & Manufacturing Companies

Electronics System Design & Manufacturing (ESDM) Industry in India

India's electronic manufacturing may reach USD 500 bn by 2030

Advantage India

Robust
Demand

*India has strong design and R&D capabilities in auto electronics and industrial economics. India is the second-largest manufacturer of mobile phones in the world and will be the fifth-largest consumer of electronic products by FY26.

*By December 2025, Apple exported more than Rs. 4.43 lakh crore (US$ 50 billion) worth of iPhones from India, marking a significant milestone in the country’s electronics manufacturing growth.

Competitive
Advantage

*In January 2026, while announcing the ECMS third tranche approvals, Union IT Minister Ashwini Vaishnaw termed 2026 a landmark year for India’s semiconductor industry, stating that four semiconductor units will begin commercial production..

*AI is expected to add US$ 967 billion to Indian economy by 2035 and US$ 450-500 billion to India’s GDP by 2025.

Policy
Support

*The production-linked incentive (PLI) schemes will provide companies opportunities to establish manufacturing plants in India.

*As of January 2026, India has approved 10 projects under the India Semiconductor Mission (ISM), with a cumulative investment of Rs. 1.60 trillion (US$ 18.1 billion), under the flagship outlay of Rs. 76,000 crore (US$ 8.6 billion).

Increasing
Investments

*As of December 2025, the Large-Scale Electronics Manufacturing (LSEM) scheme has attracted investments of Rs. 15,172 crore (US$ 1.71 billion) and generated 1,71,448 additional jobs.

*Tata Consultancy Services (TCS) is partnering with Tata Electronics Pvt Ltd to support India's goal of producing its first domestically manufactured chips by FY26.

Snapshot Showcase Infographics Reports

Last updated: Feb, 2026

Bajaj Electricals

Bajaj Electricals Limited is a globally renowned and trusted company that is part of the US$ 100 billion multinational conglomerate Bajaj Group. The company's businesses span across Consumer Appliances and Lighting Solutions, while its Power Transmission and Distribution projects business has been demerged to form Bajel Projects Limited. The company was established by Mr. Jamnalal Bajaj in 1938, who built a rock-solid foundation based on Gandhian ideals. Even after 85 years, the brand is synonymous with trust and transparency. Over the years, the company has remained at the forefront of developing modern, technologically superior, and aesthetically pleasing products and solutions. Bajaj Electricals strives to offer world-class solutions to its customers from the moment they wake up to the moment they end their day.

Dixon Technologies

Dixon Technologies was founded in 1993 by Mr. Sunil Vachani. It started with a single factory in Noida, India, focusing on manufacturing CRT televisions. Over the years, Dixon expanded its operations beyond CRT TVs to include various segments, Consumer electronics, Lighting, Home appliances, Mobile phones manufacturing mobile handsets. Dixon Technologies now boasts over 17 manufacturing units across India, from Noida to Chittoor in Andhra Pradesh. It serves clients globally and has become India’s largest electronics manufacturing services company.

Voltas Limited

Voltas Ltd. is part of the Tata Group and the largest air conditioning company in India. It was established in 1954 and is headquartered in Mumbai, Maharashtra, with regional offices across major Indian cities. The company operates in the following three segments unitary cooling products, electromechanical projects & services and engineering products & services.

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