India Exports Phones Worth Rs 2 Lakh Crore
In a significant milestone for the Indian economy, the country’s mobile phone exports have reached an unprecedented level. For the financial year 2024-25, India achieved a remarkable feat by exporting mobile phones worth Rs 2 lakh crore (approximately $24 billion). This achievement reflects the growing prominence of India in the global electronics market and highlights the country’s potential as a manufacturing hub for mobile devices.
Among the various brands that contributed to this impressive total, Apple’s iPhones stood out prominently. The iconic smartphone brand alone accounted for an astonishing Rs 1.5 lakh crore (around $18 billion), showcasing the brand’s strong market demand and production capabilities in India. This substantial contribution emphasizes the strategic importance of India for Apple, which has made significant investments in local manufacturing to cater to both domestic and international markets.
This rise in mobile phone exports is also indicative of the government’s efforts to promote the ‘Make in India’ initiative, which aims to encourage domestic manufacturing and attract foreign investment. Numerous international companies have set up or expanded their manufacturing units in India, further bolstering the country’s role as a global player in the electronics sector. The mobile phone export figures not only symbolize economic progress but also reflect an expanding workforce capable of meeting international standards.
As India continues to build on this momentum, experts anticipate further growth in the sector, driven by a combination of increasing domestic demand, favorable government policies, and the ongoing digital transformation across the nation. With the trend of mobile device consumption on the rise, it is likely that the forthcoming financial years will witness even greater achievements in exports, underscoring India’s capability as a leader in mobile manufacturing and technology innovation.