India’s Manufacturing Dream: How Industrial Electronics Can Help Reach $500 Billion Target

Industrial electronics plays a crucial role in shaping India’s manufacturing sector and driving technological growth. Currently, it contributes 20% to India’s $150 billion electronics production. According to industry experts, industrial electronics can be the game-changer that helps India achieve its ambitious goal of reaching $500 billion in electronics manufacturing and leading the global Industrial Revolution 4.0.

Why Industrial Electronics is Essential for India

Industrial electronics is no longer just an option — it has become a necessity for modern manufacturing. From AI-powered robotics and smart factory automation to automotive electronics and advanced power systems, industrial electronics forms the backbone of next-generation manufacturing.

Experts believe that with strong policies, increased research and development (R&D), and a robust domestic ecosystem, India can overcome existing challenges and establish itself as a global hub for industrial electronics.

Building Capabilities in Industrial Electronics

Speaking at the ‘Convergence India 2025’ event, Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA), emphasized the importance of scaling up investments and innovation.
“Industrial electronics is the backbone of global manufacturing. This is a turning point. We need to invest in AI-based automation, strengthen our supply chains, and implement policy reforms that will shape India’s future,” Mohindroo said.

If India can develop deep capabilities in industrial electronics, it can shift from being just an assembly-driven economy to becoming a global manufacturing powerhouse.

The Road Ahead: Speed, Innovation, and Execution

Industry leaders are urging India to act quickly to capitalize on its current momentum. According to K.N. Sreekumar, Head of Digitalisation and Smart Infrastructure at Siemens, India has a small window of opportunity to dominate industrial electronics manufacturing.
“Bridging the gap between research and industry, speeding up technology adoption, and simplifying regulations will be key steps. We must act now before the global market evolves further,” Sreekumar explained.

Dilip Sawhney, Managing Director of Rockwell Automation India, highlighted that India has the necessary talent, growing demand, and supportive policies to drive the next wave of automation and manufacturing.
“The question is not whether we have the capability, but whether we can move fast enough. The global market is rapidly evolving, and India must seize the opportunity before others do,” Sawhney said.

Key Factors for Success

As India strives to reach its $500 billion electronics manufacturing target, industry leaders agree on a few critical factors that will determine success:

  1. Policy Reforms: Simplified regulations and supportive government policies can attract more investments.
  2. R&D Investments: Strengthening domestic research and innovation will reduce dependency on foreign technology.
  3. Empowered Workforce: Skilling workers in advanced technologies like AI, IoT, and robotics is essential for sustainable growth.

Conclusion

Industrial electronics has the potential to transform India into a global manufacturing leader. With the right strategies, investments, and speedy execution, India can achieve its vision of becoming a hub for cutting-edge manufacturing and automation, contributing significantly to the global economy.

By focusing on innovation, skill development, and policy alignment, India can turn its $500 billion manufacturing dream into a reality.

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