New Delhi, Oct 18 (PTI) Additional electronics consumption worth Rs 20 lakh crore is expected to take place this year due to GST reforms rolled out by the government last month, Union Electronics and IT Minister Ashwini Vaishnaw said on Saturday.

The minister said that data from all retail chains shows there were 20-25 per cent more sales in comparison to last Navaratri and there are many such categories, like 85-inch TV where stocks were completely sold out.

"The increase in demand for electronics goods is directly impacting electronics manufacturing. Electronics manufacturing is now growing at a double-digit CAGR. It is very likely that the consumption will increase more than 10 per cent this year, which means, there is a high possibility of Rs 20 lakh crore extra consumption compared to last year," Vaishnaw said.

He was speaking at a joint press conference with Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal on savings due to GST reforms which came into effect from September 22, 2025. PTI PRS ANU ANU

Electronics consumption to rise after GST reforms, with an estimated Rs20 lakh crore additional demand this year. GST reforms from September 22, 2025 are credited with driving a rise in electronics demand, with retail data showing 20-25% higher Navaratri sales and stockouts in premium segments; the minister projects over 10% consumption growth this year, amounting to an estimated additional Rs 20 lakh crore, and ties this demand increase to double digit growth in electronics manufacturing.