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India’s Mobile Exports Cross Record Rs 1.5 Lakh Crore in FY25, PLI Scheme Drives Growth

By: Editorial Desk

by Editorial Desk
February 18, 2025
in Governance, Industry, Manufacturing, Technology
Reading Time: 4 mins read
India's mobile phone exports hit ₹1.5 lakh crore in FY25, driven by the PLI scheme. With 680% growth since FY21, India is emerging as a global smartphone manufacturing hub.

India's mobile phone exports hit ₹1.5 lakh crore in FY25, driven by the PLI scheme. With 680% growth since FY21, India is emerging as a global smartphone manufacturing hub.

Summarize with:

New Delhi: India’s mobile phone manufacturing industry has reached a significant milestone, with mobile phone exports surpassing Rs 25,000 crore in January 2025 alone.

This marks a historic moment for the country’s electronics manufacturing sector, with total mobile exports in the current fiscal year (FY25) estimated to exceed Rs 1,80,000 crore, according to the India Cellular and Electronics Association (ICEA).

The latest figures indicate a dramatic surge in mobile phone exports, eclipsing the total exports of Rs 22,868 crore recorded in FY21.

The exponential rise in production and exports highlights the success of the Production Linked Incentive (PLI) scheme, which has played a crucial role in transforming India into a global hub for electronics manufacturing.

PLI Scheme Spurs Massive Growth in Mobile Production

Since the implementation of the PLI scheme, India’s mobile phone production has witnessed an extraordinary jump. In FY23-24, total production stood at Rs 2,20,000 crore, which doubled to Rs 4,22,000 crore in the current fiscal year.

Looking ahead, the ICEA estimates that mobile production will reach approximately Rs 5,10,000 crore in FY25, further reinforcing India’s growing prominence in the global mobile supply chain.

The sharp rise in exports also reflects a broader shift in India’s electronics manufacturing strategy, with mobile phones now becoming the biggest contributor to the country’s electronics exports.

The United States has emerged as a key destination for India-made smartphones, reflecting increasing global confidence in India’s manufacturing capabilities.

India Poised to Become a Global Leader in Smartphone Exports

Chairman of ICEA, Pankaj Mohindroo, highlighted that India has achieved a significant scale in mobile phone exports, largely driven by a combination of strong government policy interventions, industry resilience, and supply chain enhancements.

“We have reached a substantial scale, driven by strong government support and our industry’s robust capability. Moving forward, we will focus on nurturing competitiveness, expanding scale, and strengthening our supply chain. The next phase will involve aggressive integration with the value chain to boost domestic value addition, driving us toward achieving India’s ambitious $500 billion electronics manufacturing target and our vision of becoming the largest exporter of smartphones globally.”

Despite the achievements, he emphasized the need for continuous innovation and strategic expansion to capitalize on emerging opportunities in global trade. With shifting geopolitical dynamics, India has a narrow window to consolidate its position in the mobile phone export market.

PLI Scheme: A Game-Changer for Indian Manufacturing

The success of mobile phone exports is attributed to the PLI scheme’s incentives, which have encouraged both global and domestic manufacturers to expand their production facilities in India. The scheme has led to a remarkable 680 per cent growth in mobile phone exports since its launch in FY21, setting the stage for further expansion.

The Indian government’s focus on high-value exports, job creation, and supply chain localization has further strengthened the country’s position as a leading electronics manufacturing hub. As a result, for the first time in history, smartphones are set to become India’s top export commodity, underscoring the rapid transformation of the industry.

The Road Ahead: Scaling New Heights in Electronics Manufacturing

Industry leaders and policymakers are now focusing on enhancing domestic value addition and deepening supply chain integration. This includes investments in component manufacturing, semiconductor ecosystems, and reducing dependency on imports for critical parts.

With sustained policy support and industry momentum, India is well on track to achieve its long-term vision of becoming a global leader in electronics exports. The rapid strides made in mobile manufacturing reaffirm India’s potential to compete with established players like China and Vietnam, further solidifying its role as a key player in the global technology landscape.

As the country looks ahead, the PLI scheme’s impact will continue to shape India’s economic trajectory, fostering innovation, job creation, and large-scale investments in the electronics sector.

With smartphones now leading the charge, India’s ambition to become a global electronics powerhouse is no longer a distant dream but an imminent reality.

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Tags: ElectronicsElectronics manufacturing sectorExportsICEAIndiaMake in Indiamanufacturing growthMobile ManufacturingPLISmartphone Exports
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