India to triple its electronic production by 2025-26: RBI

New Delhi: India’s electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted in the July 2024, monthly bulletin of the Reserve Bank of India (RBI).

The bulletin also highlighted that the value of electronics produced has surged from USD 37 bn in 2015-16 to USD 115 bn in 2023-24.

“India’s efforts to transform into a manufacturing powerhouse are already bearing fruit – electronics manufacturing. The value of electronics produced rose from USD 37 bn to USD 115 bn (3 per cent of GDP) between 2015-16 and 2023-24” said the report.