New Delhi, 15 September (IANS). India’s smartphone exports have crossed one lakh crore rupees in the first five months of the current financial year, which is the highest figure ever. This information was given in industry estimates.
Despite the increase in American tariffs, India’s smartphone exports have registered a 55 percent increase on an annual basis. This figure was Rs 64,500 crore in the same period of FY 25.
According to industry sources, Tata Electronics and Foxconn, the contract manufacturers of technology sector veteran Apple, have contributed about 75 percent to exports.
The Production-Linked Incentive (PLI) scheme encouraged the American technical giant to transfer its manufacturing capabilities to India. Apple has increased production in Tamil Nadu and Karnataka.
The iPhone manufacturer has so far dedicated most of its export capacity to the US market supply by 2025. There has been a significant increase in iPhone supply to the US from India and in the first half of 2025, 78 percent of the domestic assembled iPhone was exported to the US, which was 53 percent last year.
India’s stake in US smartphone imports this year increased to 44 percent, while China’s stake declined to 25 percent, which was 61 percent in mid -2024. The total amount of “Made-in-India” smartphone increased by more than 240 percent on an annual basis.
Along with China and Vietnam, India is now a major player in global electronics construction, where companies are transferring production to diversify supply chains.
Samsung and Motorola have also increased their stake in supply to the US from India, although their transfer is much slower and smaller than Apple. Like Apple, Motorola’s main manufacturing hub is in China, while Samsung mainly produces its smartphone in Vietnam.
According to government data, there are now 300 mobile manufacturing units in India, which were only two in 2014. In FY14, 26 percent of mobile phones sold in India were made locally, which has now increased to 99.2 percent.
-IANS
ABS/
