India’s electronics manufacturing sector is poised for transformation, driven by government initiatives like the Production Linked Incentive (PLI) Scheme and Semicon India Program. Targeting $500 billion in production by 2030, the industry aims to reduce import dependence, boost exports, and foster innovation. Investments in semiconductors, PCBs, and lithium-ion batteries signal a shift to value-added manufacturing, while programs like SPECS 2.0 enhance domestic production capabilities. Challenges remain, but strategic policies are shaping a resilient electronics ecosystem.