Economy, Banking & Business
India becomes world's 2nd largest mobile phone manufacturer
Summary
India has surpassed South Korea to become the world's second-largest mobile phone manufacturer in 2025. Mobile phone exports crossed $15 billion, driven by PLI scheme beneficiaries like Apple and Samsung.
Key TakeawayIndia's mobile phone exports grew 54% YoY, with Apple contributing 35% of total production.
Key Points
- India is 2nd largest mobile phone manufacturer globally.
- Surpassed South Korea; China remains #1.
- Mobile exports crossed $15 billion in FY25.
- PLI scheme attracted Apple, Samsung, Dixon Tech.
Key Facts
- Global Rank
- 2nd
- Exports FY25
- $15 Billion
- YoY Growth
- 54%
- Scheme
- PLI for Electronics
Why it matters?
India's electronics manufacturing growth reduces import dependence and strengthens the Make in India initiative.