“India’s Mobile Phone Exports Hit Rs 2 Lakh Crore with Apple Leading, Govt Incentive Scheme Boosts Sector”

India’s mobile phone exports witnessed a substantial increase, surpassing Rs 2 lakh crore in fiscal year 2024-25, with Apple’s iPhone contributing Rs 1.5 lakh crore to this growth. This surge in exports comes as the government is focusing on enhancing the electronics manufacturing industry by introducing a lucrative Rs 22,919 crore incentive scheme. The scheme aims to promote higher value addition and generate more employment opportunities within the sector. This significant milestone underscores India’s growing prowess in mobile phone manufacturing and export, setting the stage for further expansion and development in the country’s electronics industry.

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