India has witnessed a remarkable milestone in its electronics manufacturing journey, with mobile phone exports crossing the ₹2,00,000 crore mark for the first time in the financial year 2024–25. According to data released by the India Cellular and Electronics Association (ICEA), this represents an impressive 55% surge from ₹1,29,000 crore recorded in FY 2023–24.
In a historic development, smartphones have now become India’s largest export commodity, surpassing long-standing leaders such as petroleum products and diamonds. ICEA has described this achievement as a significant success of the Government of India’s ambitious Make in India initiative, which aims to transform the country into a global manufacturing hub.
The phenomenal rise in exports is largely credited to the Production Linked Incentive (PLI) Scheme, which has played a crucial role in boosting India’s electronics manufacturing capabilities. The PLI Scheme has attracted substantial foreign direct investment, while also positioning India as a vital player in the global electronics supply chain.
Leading this export revolution are tech giants Apple and Samsung, both of which have rapidly scaled up their manufacturing operations within India over the past year. As a result, India’s total mobile phone production touched an estimated ₹5,25,000 crore in FY25, a sharp increase from ₹4,22,000 crore in the previous fiscal year.
This surge not only marks a transformative moment for India’s electronics sector but also signals the country’s growing prominence in high-value manufacturing on the world stage.
