According to a written reply by Ministry of Commerce and Industry to Rajya Sabha, mobile phone production in India has surged by 146 per cent in value terms, from Rs 2.13 trillion in financial year 2020-21 (FY21) to Rs 5.25 trillion in FY25. During the same period, exports skyrocketed by nearly 775 per cent, jumping from Rs 228.7 billion to Rs 2 trillion.
The ministry attributed this growth to the production-linked incentive (PLI) scheme and the National Industrial Corridor Development Programme (NICDP), which have bolstered domestic manufacturing, spurred employment, and accelerated exports. The PLI scheme in particular has driven major smartphone manufacturers to shift production to India, reinforcing the country’s emergence as a global hub for mobile phone manufacturing.
In addition, the government launched the Make in India 2.0 initiative, currently focused on 27 sectors and implemented across central ministries and state governments. As part of efforts to attract investments, 12 new project proposals worth Rs 286.02 billion have been approved under the NICDP to enhance manufacturing-linked infrastructure.