New Delhi, April 10 -- India's electronics exports could more than double to $50 billion per year by 2030 as part of the country's efforts to take a high seat in the global electronics supply chain, according to three senior industry executives who regularly consult the ministry on the electronics sector.

This surge is expected to be driven by the IT ministry's push for raising the share of locally manufactured components for smartphones, laptops, as well as semiconductor chips, both by local as well as foreign companies.

On Tuesday, Union IT minister Ashwini Vaishnaw said India's annual electronics exports to the world crossed Rs.2 trillion ($23 billion) in FY25. "This marks a 54% growth over FY24," he said, adding that electronics pro...