Bhagwati Products Ltd, one of India’s fastest-growing electronics manufacturers, has unveiled ambitious plans to set up a new manufacturing facility in Greater Noida. The company is targeting a whopping ₹15,000 crore in revenue for FY 2025–26, riding on the back of surging demand for smartphones, tablets, wearables, and consumer electronics.

The momentum has been nothing short of extraordinary:

• Revenue surged from ₹620 crore in FY 2023–24

• Jumped to ₹6,200 crore by April 2025

• Now eyeing ₹15,000 crore topline by FY 2025–26

This trajectory positions Bhagwati Products as a major player in India’s push towards becoming a global electronics manufacturing hub.

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To sustain this rapid growth, Bhagwati Products is investing in new mega facilities in Greater Noida. The upcoming infrastructure will enable large-scale high-volume production, boost supply chain efficiency, and help the company meet the fast-rising domestic and global demand.

These facilities are expected to cater not only to domestic smartphone assembly and wearables manufacturing, but also to export opportunities, aligned with the Government of India’s vision for “Make in India” and Atmanirbhar Bharat.

Expansion through New Manufacturing Facilities in Greater Noida

Why Demand Is Soaring

The company attributes its growth to:

• Rising demand for smartphones, tablets, and wearable devices across India.

• Increasing contract manufacturing orders from global brands.

• The shift of Original Design Manufacturing (ODM) to India due to China+1 strategy.

• Strong policy push through PLI (Production Linked Incentive) schemes.

With India’s electronics market booming, Bhagwati Products is strategically placed to capture a significant share of this growth.

Outlook for FY 2025–26

By setting up new Greater Noida manufacturing plants, Bhagwati Products aims to:

• Double its capacity to meet surging domestic and export demand.

• Strengthen its position in smartphone and consumer electronics ODM.

• Achieve its bold ₹15,000 crore revenue target within FY 2025–26.

Industry analysts see this as a defining moment for India’s electronics manufacturing ecosystem, where Bhagwati Products could emerge as a benchmark for scaling indigenous production capabilities.

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To dive deeper into India’s booming real estate and industrial growth around Noida and Greater Noida, here are some must-reads from our blog:

• Gaurs Group Acquires 12 Acre in Sector 22-D, Yamuna Expressway — Plans ₹1,400 Crore Ultra-Luxury Housing with ₹2,000 Crore Topline

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A Record-Breaking Growth Story in Electronics Manufacturing

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