Impact of PLI scheme: India’s smartphone exports touch record level of $30 billion in 2025

India's refurbished smartphone market reaches second place globally in growth: Report

New Delhi, January 15 (IANS). India’s smartphone exports have seen a big increase due to the government’s Production-Linked Incentive (PLI) scheme. By the year 2025, smartphone exports from India will reach around $30 billion, which is considered to be the biggest record till date.

According to data, this export of the year 2025 is about 38 percent of the total smartphone exports in the last five years. Between 2021 and 2025, India has sent smartphones worth about $79.03 billion abroad, out of which the maximum export took place in 2025.

In these five years, Apple’s iPhone accounted for about 75 percent of the total smartphone exports, whose value is estimated at more than $22 billion.

There has been a 47 percent increase in smartphone exports in the year 2025. In the previous 12 months, this figure was around $20.45 billion.

Union Minister Ashwini Vaishnav said in a social media post this week that India’s total electronics exports have crossed Rs 4 lakh crore in the year 2025. He said that with the opening of new semiconductor or chip manufacturing factories, both exports and employment will increase in the future.

According to government data, electronics production in the country will reach approximately Rs 11.3 lakh crore in 2024-25.

For the first time since the start of smartphone production in India in the year 2021, Apple’s iPhone exports will exceed Rs 2 lakh crore in 2025, which is about 85 percent more than in 2024.

Apple has a total of five iPhone assembly plants in India, three of which are operated by Tata Group and two by Foxconn.

India has now become the second largest mobile phone manufacturing country in the world. More than 99 percent of mobile phones sold in the country are now made in India.

The PLI scheme for smartphones is scheduled to end in March 2026, but the government is considering options to extend it. According to the new rules, companies can avail the benefits of this scheme for any five consecutive years in a period of six years.

–IANS

DBP/ABM

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