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India’s mobile phone exports are anticipated to surpass ₹1.2 trillion by the end of this fiscal year, marking a significant milestone driven by the government’s push for local manufacturing by major players like Apple and Samsung.

These exports are expected to contribute nearly one-third of the total domestic production of mobile phones, estimated at around ₹4.1 trillion for FY24, as reported by the Indian Cellular and Electronics Association.

The majority of these mobile phone exports, in terms of value, are attributed to Apple and Samsung devices, according to industry experts.

“The cumulative exports of mobile phones from 2014 to 2024 are estimated to reach a total of ₹3.22 trillion, signifying a new chapter in India’s export landscape,” stated the association, representing major phone manufacturers including Apple, Xiaomi, Oppo, and Vivo. Mobile telephones have now emerged as India’s fifth-biggest export commodity.

Over the past decade, India’s mobile phone manufacturing industry has produced approximately 2.45 billion devices valued at ₹19.45 trillion, slightly below the target of 2.5 billion phones worth about ₹20 trillion, according to the association.

India, the world’s second-largest mobile phone producer after China, exported mobile phones worth India, the world’s second-largest mobile phone producer after China, exported mobile phones worth $11 billion, or about ₹90,955 crore, in FY23, with total domestic production at $44 billion, or ₹3.6 trillion.1 billion, or about ₹90,955 crore, in FY23, with total domestic production at $44 billion, or ₹3.6 trillion.

The area has transitioned from being 78% import-established in 2014 to accomplishing 97% self-sufficiency now. The future growth will be export-driven,” highlighted the association.

The government aims to position India as an integral part of global supply chains by leveraging its electronics manufacturing capabilities as an alternative to China.

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