With the increasing focus of the government on domestic manufacturing of electronics components, the electronics sector will see its contribution to GDP almost double in the next few years, industry experts estimate. This sector today contributes 3.4 per cent to GDP and is expected to contribute 6.4 per cent in next few years.

Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 07/04/2016 for the manufacture of electronics components.