India's electrical and electronics industry is on a transformative growth trajectory, aiming to achieve a market size of USD 130 billion by 2030. This ambitious target reflects the sector's dynamic expansion and increasing global competitiveness. Currently valued at USD 70 billion, the industry contributes significantly to exports, which stand at USD 12 billion and are projected to double to USD 25 billion by 2030.
The much-awaited ELECRAMA 2025 show, the world's largest electrical and allied electronics show, is going to spur this growth this year. It is to be held in Greater Noida with attendance of more than 1,100 exhibitors in 15,000 B2B meetings focused on collaboration and innovation within the industries. West Bengal-with 41 members confirmed-will represent regional commitment towards this vision.
This year, Germany and France have been designated as the Focus and Associate Partner countries, respectively, highlighting India's increasing integration with global markets. Vikram Gandotra, President-Elect of IEEMA and Chairman of ELECRAMA 2025, emphasized the potential of the industry, stating, "We are poised to grow into a USD 130 billion industry with exports of USD 25 billion by 2030."
India can today look forward to to realize the dream of becoming a global leader in electrical and electronics through its present momentum of growth, strategic international linkages, and platforms such as ELECRAMA.
Conclusion
India's electrical and electronics industry is poised for a significant leap, with its ambitious target of reaching USD 130 billion by 2030 reflecting the sector's dynamic growth and global competitiveness. Platforms like ELECRAMA 2025 provide a vital stage for innovation, collaboration, and networking, bringing together key stakeholders from across the globe. The event's scale, with over 1,100 exhibitors and 15,000 B2B meetings, highlights India's determination to establish itself as a global leader in this space.
The involvement of countries like Germany and France as Focus and Associate Partners demonstrates India's growing appeal as a hub for technology and trade in the electrical and electronics sector. West Bengal's strong representation further emphasizes regional contributions toward achieving the industry’s vision.
At present, the industry is evaluated at USD 70 billion, has USD 12 billion worth of exports, and the course ahead is very clear: expansion to USD 130 billion and an increase in exports to USD 25 billion in the next seven years. It is further aligned with India emerging as a place that can strengthen its global supply chains while promoting in-house innovation.
With strong leadership, strategic partnerships, and platforms like ELECRAMA driving progress, India’s electrical and electronics industry is well on track to redefine its global standing by 2030.
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