NEW DELHI, INDIA, July 2026 — As government officials, industry executives, and policy experts prepare to convene at Chintan Shivir 2026, a new research report by Coherent Market Insights (CMI) is expected to contribute valuable insights to discussions on the future of India's electronics manufacturing sector. Organized by the Electronics and Computer Software ESC India's Chintan Shivir 2026 the Government of India consultation will take place on July 10, 2026, at Bharat Mandapam, New Delhi, with a strong focus on the next phase of the Production Linked Incentive (PLI) programme.

Recognized as the Knowledge Partner for the consultation, CMI has collaborated with ESC India to produce a policy-focused report titled "Impact of the PLI Scheme on India's Electronics Manufacturing Ecosystem." The report has been submitted to support deliberations during Chintan Shivir and offers an evidence-based assessment of how the current PLI framework has transformed India's electronics manufacturing landscape while identifying priorities for future policy.

Measuring the Progress of the PLI Programme

The study evaluates the performance of three major government initiatives that have shaped the sector's growth: the Large Scale Electronics Manufacturing (LSEM) Scheme, IT Hardware PLI 2.0, and the Electronics Components Manufacturing Scheme (ECMS). Together, these programmes have encouraged production expansion, attracted investment, and strengthened India's participation in global electronics supply chains.

According to the report, India's electronics industry has achieved remarkable growth over the past few years. The country has become the world's second-largest mobile phone manufacturing hub, with mobile phone production increasing from approximately ₹2.13 lakh crore in FY21 to ₹5.25 lakh crore in FY25. During the same period, exports expanded from ₹22,870 crore to nearly ₹2 lakh crore, while electronics advanced from the seventh-largest export category to the third-largest in India.

Industry participants interviewed for the study credit the PLI programme with improving investor confidence, expanding manufacturing capacity, and positioning India as an increasingly important destination within global electronics value chains.

Defining the Next Stage of Growth

While recognizing these accomplishments, the report argues that the next policy phase should focus on strengthening the quality and depth of India's manufacturing ecosystem. It identifies domestic component manufacturing as the most significant opportunity for long-term competitiveness and recommends a greater emphasis on semiconductor production, supplier ecosystem development, higher domestic value addition, and expanded investments in design, engineering, and research.

Rather than concentrating solely on production volumes, the report encourages policymakers to build an integrated electronics ecosystem capable of supporting innovation, advanced manufacturing, and resilient supply chains. These recommendations are expected to contribute to discussions surrounding the proposed Mobile PLI 2.0 framework.

Supporting Policy Through Research

As Knowledge Partner, Coherent Market Insights is contributing research-backed perspectives that can help inform future policy decisions. Mohit Shrivastava, AVP – Research & Consulting, will represent the organization during Chintan Shivir 2026 on behalf of Raj Shah, CEO & Founder of Coherent Market Insights, participating alongside government representatives and industry leaders.

About Chintan Shivir 2026

Chintan Shivir 2026 is a Government of India stakeholder consultation hosted by ESC India to gather strategic recommendations from industry, academia, and research organizations for the next generation of electronics manufacturing policies and incentive programmes.

About Coherent Market Insights

Coherent Market Insights (CMI) is a global market intelligence and consulting company delivering strategic research and business insights across multiple industries. Headquartered in India, with operations in the United States and strategic partnerships in the United Kingdom and Japan, CMI serves clients across more than 32 countries through a team of 300+ professionals and an extensive international network of domain experts.

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