India’s Mobile Exports Soar to ₹2 Lakh Crore in a Decade

Speedy Summary

• Export Growth: Mobile phone exports from India increased 127 times over 10 years, from ₹1,500 crore in FY 2014-15 to ₹2 lakh crore in FY 2024-25.
• PLI Scheme Impact: The Production Linked Incentive (PLI) Scheme for Large scale Electronics Manufacturing (LSEM) has resulted in:

– Cumulative investment of ₹12,390 crore.
– Cumulative production worth ₹8,44,752 crore.
– Exports totaling ₹4,65,809 crore up to June 2025.
– Generation of direct employment for approximately 1,30,330 individuals.

• Import Reduction: India’s reliance on imported mobile phones reduced significantly: imports met 75% of demand in FY 2014-15 but only account for 0.02% as of FY 2024-25.
• Global Position: India is now the second-largest mobile manufacturing country globally after active encouragement under the PLI scheme.
• IT Hardware Progress: The PLI Scheme 2.0 for IT hardware led to cumulative investments worth ₹717.13 crore and production valued at ₹12,195.84 crore while creating direct jobs for over 5,056 individuals till June.
• FDI Growth: Electronics manufacturing attracted a total FDI inflow of $4,071 million over five years (since FY20-21), with PLI beneficiaries contributing $2,802 million.

Indian Opinion Analysis

the surge in India’s mobile phone exports and its transformation into the second-largest global manufacturer marks a significant milestone driven by policy interventions like the PLI schemes. Thes numbers underscore India’s focused strategy toward fostering self-reliance and reducing import dependency-a critical shift aligned with “Make in India” initiatives.

The sizable growth in investment and job creation through both LSEM and IT hardware-focused schemes signals effective execution towards bolstering economic growth via electronics manufacturing hubs like Noida. With imports falling drastically (from meeting three-fourths of domestic demand to near-zero percentage), India’s role as an exporter reflects competitive capabilities that could attract more foreign collaborations within this sector.However significant progress may come with challenges ahead-keeping technological innovation pace with global competitors remains essential while ensuring sustained momentum among investors amid dynamic geopolitical shifts affecting supply chains globally.

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