Sector profile
Electronics is one of India's fastest-growing manufacturing sectors, and the Noida–Greater Noida belt in Uttar Pradesh is a major mobile phone and component cluster. This page covers national production data and the state's electronics and semiconductor incentives.
Domestic production of electronic goods rose from ₹9.52 lakh crore in 2023-24 to ₹11.32 lakh crore in 2024-25 and ₹13.11 lakh crore in 2025-26 (MeitY, via PIB). Exports of electronic goods rose from ₹2.41 lakh crore in 2023-24 to ₹3.27 lakh crore in 2024-25.
Growth so far has been led by assembly, especially of mobile phones. The next phase is components and semiconductors, where central schemes (ECMS, Semicon India) and state top-ups together decide project viability.
Figures as published by the Government of India source linked against each year. We do not estimate or fill gaps.
Bars start at zero and are scaled to the largest value shown.
| Year | Value (₹ lakh crore) |
|---|---|
| 2023-24 | ₹9.52 lakh crSource: PIB, 26 Apr 2025 (PRID 2124620) |
| 2024-25 | ₹11.32 lakh crSource: PIB, 29 Jul 2026 (PRID 2291171) |
| 2025-26 | ₹13.11 lakh crSource: PIB, 29 Jul 2026 (PRID 2291171) |
Bars start at zero and are scaled to the largest value shown.
| Year | Value (₹ lakh crore) |
|---|---|
| 2023-24 | ₹2.41 lakh crSource: PIB, 26 Apr 2025 (PRID 2124620) |
| 2024-25 | ₹3.27 lakh crSource: PIB, 3 Feb 2026 (PRID 2222519) |
What is not shown, and why: Electronics exports for 2025-26 were not confirmed from an official release, so the export series shows two years.
The Uttar Pradesh policy that applies to this sector, with the main incentives as stated in the policy or on Invest UP. Rates, caps and eligibility conditions are summarised; the policy text and its guidelines decide each case.
Aligned to the central ECMS period (six years). First Amendment (Hindi) uploaded 7 Sep 2026; not yet reviewed by us
| Incentive | Support (as per the policy) |
|---|---|
| Capital support | State top-up equal to the central ECMS incentive, or 20% capital subsidy for units outside ECMS |
| Land subsidy | 25% (50% in Bundelkhand and Purvanchal) |
| Stamp and electricity duty | 100% exemption |
Source: Invest UP policy page
Notification dated 12 Feb 2024; validity not verified (the policy PDF is a scan)
| Incentive | Support (as per the policy) |
|---|---|
| Capital subsidy | 50% additional on the capital subsidy approved by the Government of India |
| Land | 75% rebate on the first 200 acres (30% beyond, for ATMP/OSAT) |
| Duties and tax | 100% stamp duty; 100% electricity duty for 10 years; net SGST reimbursement for 10 years (annual ceiling 10%) |
| Interest, R&D | 5% interest subsidy (units up to ₹200 crore, max ₹1 crore a year for 7 years); R&D 25% up to ₹10 crore |
Source: Invest UP policy page
Applicable across sectors. A manufacturing project of ₹50 crore or more can also be evaluated under the UP Industrial Investment & Employment Promotion Policy 2022 (valid to 3 Nov 2027), and an MSME unit under the UP MSME Promotion Policy 2022. As a rule only one state policy can be used for the same investment, so compare the sector policy with these general policies on your own numbers before applying. Central schemes can often be combined with state support: see subsidy stacking.
Scheme terms change; verify on the official portal; last checked 4 Oct 2026. This page is general information for planning, not a guarantee of eligibility, sanction or disbursement. See our Terms of Use & Disclaimer.
Tell us the product, location and project cost. We check which UP and central incentives may fit, and the conditions that decide eligibility, at no charge.