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Electronics sector sees 20% growth, mobile phones key driver

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In 2024-25, mobile phone exports reached Rs 2 lakh crore, marking a 127-fold increase compared to Rs 1,500 crore in 2014–15. istock
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India’s electronics manufacturing sector has witnessed remarkable growth over the past decade, transforming the country into a global hub for production and exports.

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Domestic value addition has steadily increased to approximately 18–20 per cent, with mobile phone manufacturing being a key driver of this growth.

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Mobile phone manufacturing has been a key driver of this growth. In 2024–25, mobile phone exports reached Rs 2 lakh crore, marking an extraordinary 127-fold increase compared to Rs 1,500 crore in 2014–15. Total mobile production surged to Rs 5.45 lakh crore, making India the world’s second-largest mobile manufacturer, the government said.

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Overall electronics production in India rose from Rs 1.9 lakh crore in 2014–15 to Rs 12 lakh crore in 2024–25—an impressive fivefold increase. During the same period, electronics exports grew from Rs 38,000 crore to Rs 3.3 lakh crore, recording an eightfold rise.

The number of mobile manufacturing units expanded dramatically from just two in 2014–15 to over 300 in 2024–25, highlighting the sector’s rapid industrialization. Mobile phone production alone increased 28 times, from Rs 18,000 crore to Rs 5.45 lakh crore.

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India has also transitioned from being a net importer of mobile phones in 2014 to a net exporter today. Smartphones have now emerged as the country’s top export commodity in calendar year 2025, contributing significantly to total exports worth Rs 2,62,452 crore among the top three commodities.

The sector has generated substantial employment, supporting around 12 lakh jobs, both direct and indirect.

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