India's electronics-manufacturing build-out as the manufacturers themselves report it.
Neolync, a 40% JV (with Israel's Neolync Holdings) held via RIL's wholly-owned RSBVL, manufactures mobile phones, telecom and IT hardware, with RRL purchasing ~₹6,508 crore of devices from it in FY 2025-26.
“The joint venture company, Neolync, manufactures these customer premises equipment / devices and other electronic items like mobile phone, telecom and IT hardware, etc.”
SAMIL operates a Consumer Electronics contract-manufacturing business with three planned plants in India, which grew 7.5x YoY in FY26, achieved EBITDA breakeven, and reached a 14–16 million unit annual production run-rate, but is still in scale-up mode rather than the group's main business.
“Consumer Electronics grew 7.5x in a single year and turned EBITDA positive in its first full year of operations.”
Makes industrial electronics hardware in India — inverters (3.05 GW capacity at Sarodhi), transformers (9,530 MVA) and smart meters — as in-house product lines beyond solar modules.
“Manufactured at our ~3 GW inverter facility in Sarodhi, Gujarat”
Company lists electronics components manufacturing and assembly as one of its current business areas alongside its core MIM, investment casting and precision machining operations.
“At present, the Company has its presence in Metal Injection Molding (MIM), Ceramic Injection Molding (CIM), Investment Casting, Precision Machining, Powder Manufacturing, 3D printing, trading, Electronics components manufacturing and assembly etc.”
Began commercial EMS-style supply of precision internal plastic components to a consumer electronics customer in Q4 FY 25-26 after multi-quarter qualification.
“Shaily commenced commercial supply of precision internal components to its first consumer electronics customer in the fourth quarter of FY 25-26, following multi-quarter qualification.”
“Commercial supplies commenced with a consumer electronics customer in the fourth quarter of FY 25-26, following several quarters of preparation and qualification.”
Fujiyama is a PLI-scheme participant with in-house EMS operations producing solar inverters, power electronics, PCB assemblies, and other industrial electronics in India across 4 manufacturing plants, backed by 60+ R&D engineers.
“We manufacture sheet metal cabinets, heat sinks fabrication, transformers, inductors, PCB assemblies through in-house EMS and wiring harnesses- reducing reliance on imported kits, improving reliability and protecting margins from external supply disruptions.”
Lumax manufactures automotive electronics (antennas, switches, sensors, telematics, oxygen sensors) through JVs and is commissioning a Mega Mechatronics Plant with captive PCB/SMT lines, making it an EMS-style electronics hardware producer in India.
“To support this scale, we are commissioning a Mega Mechatronics Plant in Manesar, consolidating four joint ventures; Lumax Yokowo, Lumax Alps Alpine, Lumax Ituran and Lumax FAE under one roof, complete with clean rooms and captive Printed Circuit Board and Surface Mount Technology (PCB SMT) lines.”
An Electronics Manufacturing Services (EMS) facility became operational at DAL during FY2026, with shared infrastructure architected to serve Aerospace, Defence, and Space programs.
“The EMS facility became operational during the year, supported by dedicated testing and acoustic-laboratory capabilities.”
Morepen manufactures consumer medical electronics hardware in India (glucometers, BP monitors, nebulizers, thermometers, pregnancy test kits) under its Dr. Morepen brand with in-house SMT/PCB assembly, injection moulding, automation and ISO 13485 certification; the Medical Devices segment generated Rs 59,698.01 Lakhs (35.61% of standalone revenue), making it a real but secondary electronics manufacturing line behind APIs.
“Established and operationalised in-house Surface Mount Technology processes for PCB assemblies used in Glucometers and Blood Pressure Monitors, strengthening backward integration and manufacturing self-reliance.”
“Medical Devices Business BP Monitors, Glucometers etc 35.60%”
The SED division manufactures sensors, electronic throttle controls, actuators, digital clusters and rotary sensors as a real growing business segment with 21.2% sales growth and improving margins.
“SUPRAJIT ELECTRONICS DIVISION (SED): SED continued to have strong growth in both revenue and margins. SED sales grew by 21.2% and the EBITDA margins significantly improved to 10.6% from 7.3% of the previous year.”
IFB set up a dedicated Advanced Electronics Division plant in Bangalore with production having begun in September 2025 for a strategic customer, ramping to full capacity by H1 FY27.
“Reflecting the global shift of electronics manufacturing towards India, we set up a dedicated plant in Bangalore. Production began in September 2025, for a strategic customer, and the Division is now ramping up to full capacity by H1 FY 2026-27.”
“With the global realignment of electronics manufacturing towards India, the Company commenced operations at the Advanced Electronics Division (AED) with a dedicated plant set up in Bangalore within four months.”
“start-up expenses incurred towards the Advanced Electronics Division.”
Through wholly-owned subsidiary Raneal Advanced Systems, DCX operates a dedicated high-reliability PCBA facility (ISO 8, Class 100k clean room) as an EMS platform serving both captive and external customer programmes.
“Raneal Advanced Systems (100% Wholly Owned Subsidiary) Backward Integration into EMS / PCB”
UCAL manufactures automotive electronics hardware in India (sensors, motor controllers, DC-DC converters, TPMS, radar sensors, EV chargers) via a dedicated Electronics R&D and business unit that is a growing pillar alongside its core mechanical fuel-systems business.
“electronics and mechatronics was placed under a dedicated leadership structure with clear profit-and-loss ownership and a unified finance function across the two companies”
Beyond batteries, the company manufactures and sells consumer electronics including rechargeable torches, LED lighting products, and is expanding into BLDC ceiling fans.
“Your company had a volume growth in LED category in spite of Industry decline. However, the pricing challenges led to drop in the topline value and revenue degrowth. Your company will continue to leverage its traditional trade distribution, launch premium LED range, new category segments like BLDC ceiling fans and expand distribution into electrical channel to grow aggressively in the LED category.”
Company manufactures its own retail electronics hardware (billing printers, POS terminals, barcode scanners, thermal printers, AIDC solutions) at its Himachal Pradesh facility as part of its Connected Commerce business.
“Through its portfolio of billing printers, POS terminals, barcode scanners, thermal printers and AIDC solutions, Wepsol continues to evolve this business through portfolio optimization and a greater focus on higher-value retail automation solutions”
Definition used: Contract-manufactures electronics (EMS/ODM), or makes consumer/industrial electronics hardware in India, incl. PLI-scheme participants. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
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