According to data by India Cellular and Electronics Association (ICEA), India’s mobile phone exports surged 55 per cent year-on-year to Rs 2 trillion in financial year 2024-25 (FY25). This growth was largely attributed to the production-linked incentive (PLI) scheme for handset manufacturing and was led by premium brands like Apple and Samsung.
In comparison, the country had exported mobile phones worth Rs 1.29 trillion in the fiscal year that ended on March 31, 2024. ICEA stated that the PLI scheme has attracted substantial global investments, helping enhance India’s competitiveness, scale, and capability to integrate more deeply into Global Value Chains (GVCs).
ICEA highlighted that global companies such as Apple and Samsung have significantly expanded their manufacturing operations in India, playing a key role in maintaining the export momentum. Mobile phone production is estimated to have reached Rs 5.25 trillion in FY25, up from Rs 4.22 trillion in the previous fiscal.
The association added that it is working to address several challenges impacting the sector’s cost competitiveness, including issues related to infrastructure, logistics, and tariffs. It also pointed out that recent changes in global trade dynamics, particularly the reciprocal tariffs introduced by USA have created strategic opportunities for Indian electronics companies in the US market.
