According to a report by Counterpoint Research, shipments of smartphones made in India grew 8 per cent year-on-year (YoY) in 2025, driven by a surge in exports and domestic sales. Exports of made-in-India smartphones grew 28 per cent YoY in 2025, while domestic sell-in increased 1 per cent YoY. Exports accounted for approximately one-third of all smartphones manufactured in India, the research firm said.
Foxconn Hon Hai emerged as a key beneficiary, with 48 per cent YoY growth in exports driven by strong Apple shipments. Tata Electronics, another key assembler of Apple devices, further contributed to the export surge. South Korean firm Samsung also saw an uptick in its export contribution from in-house production, with 4 per cent YoY growth.
Homegrown Dixon Technologies accounted for a 19 per cent share by volume in 2025, up from 11 per cent in 2024, driven by increased orders from Motorola, Realme, and Xiaomi. Second-ranked Samsung’s share fell to 18 per cent from 20 per cent during the same period, while third-placed Foxconn’s share rose to 16 per cent from 12 per cent. Vivo, in fourth position, held a 10 per cent share in 2025, down from 14 per cent in 2024. Bhagwati Products Limited broke into the top five with a 9 per cent share, primarily due to Vivo’s decision to outsource production beyond its in-house facility, coupled with orders from Oppo and Realme.
Further, smartphone exports climbed nearly 22 per cent in FY26, led by strong demand from the United States, which imported $19.68 billion worth of devices, an 86 per cent jump over FY25.
Additionally, the first phase of the smartphone production-linked incentive scheme, rolled out in 2020 and concluded on 31 March 2026, is credited as a major driving force behind domestic smartphone manufacturing and device exports from India.
