According to a written reply by the minister of state (MoS) for Commerce and Industry to Rajya Sabha, India’s mobile phone imports from China dropped significantly from Rs 486.09 billion in 2014-15 to Rs 37.10 billion in 2024-25. In contrast, mobile phone exports increased sharply from Rs 15.66 billion in 2014-15 to over Rs 2,050.17 billion in 2024-25.
He also mentioned that India’s imports declined across multiple sectors such as fertilisers, chemicals, iron and steel, and man-made yarn in 2024–25.
The minister said the government is encouraging domestic companies to diversify supply chains and explore alternative sourcing options to reduce dependence on single-country imports.
He added that the government continues to monitor import trends closely and takes corrective measures whenever required.
