India witnessed a significant increase in mobile phone exports, reaching over Rs 2 lakh crore during the fiscal year 2024-25. This growth was mainly attributed to Apple’s iPhone, contributing around Rs 1.5 lakh crore to the total exports. The government has initiated a Rs 22,919 crore incentive scheme to bolster the electronics manufacturing industry, with a focus on enhancing value addition and generating employment opportunities. This move aims to strengthen India’s position as a key player in the global electronics market, attracting more investments and driving innovation in the sector. The surge in mobile phone exports highlights the country’s potential to become a manufacturing hub for electronic devices, leveraging its skilled workforce and favorable business environment. With a strategic focus on promoting domestic production and reducing dependence on imports, India is poised to emerge as a competitive player in the global electronics industry. The government’s efforts to incentivize manufacturing activities will not only boost the economy but also create a conducive environment for businesses to thrive and contribute to the country’s overall growth trajectory.

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“India’s Mobile Phone Exports Hit Rs 2 Lakh Crore, Apple’s iPhone Dominates; Govt Incentives to Boost Sector”
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