India’s smartphone export sector continues to expand, with Apple and Samsung accounting for a staggering 94% of the country’s total mobile shipments. According to recent industry data, ‘Made in India’ smartphone exports grew by 6% in 2024, highlighting the country’s increasing role as a global manufacturing hub.
Key Highlights:
- Apple and Samsung lead exports: The two tech giants collectively dominate India’s smartphone exports, benefiting from local manufacturing initiatives.
- 6% growth in ‘Made in India’ shipments: The country’s mobile manufacturing sector continues to expand due to government incentives and growing global demand.
- Production-Linked Incentive (PLI) Scheme boosts manufacturing: India’s PLI program has encouraged major players to scale up production.
- Rising exports to Europe and the Middle East: India’s smartphone shipments to global markets have surged, with increasing demand from regions like Europe and the Middle East.
- India strengthens its position as a global smartphone hub: The country is emerging as a strong competitor to China and Vietnam in mobile production and exports.
Apple and Samsung Lead India’s Export Surge
India’s smartphone export growth in 2024 has been largely driven by Apple and Samsung, with the two companies accounting for nearly all shipments. Apple, in particular, has expanded its production in India, leveraging facilities operated by Foxconn, Wistron (now owned by Tata), and Pegatron. The tech giant has significantly increased exports of iPhones from India, targeting markets across Europe and Asia.
Samsung, which operates one of the world’s largest mobile manufacturing plants in Noida, remains a strong player in both domestic and export markets. The South Korean company continues to benefit from India’s production-linked incentives (PLI), which have encouraged large-scale manufacturing and exports.
‘Made in India’ Smartphone Shipments on the Rise
India’s domestic smartphone production saw a 6% year-on-year increase in 2024, reflecting the success of government policies aimed at boosting local manufacturing. The PLI scheme has played a crucial role in attracting investments from global tech firms and enhancing India’s reputation as an emerging electronics manufacturing hub.
Industry analysts suggest that this growth is driven by increasing global demand for Indian-manufactured smartphones, improved supply chain capabilities, and government initiatives to reduce import dependence. Exports to key markets, including Europe, the Middle East, and Southeast Asia, have also seen steady growth.
Challenges and Future Outlook
While India’s smartphone manufacturing industry is on an upward trajectory, challenges remain. Competition from China and Vietnam continues to be strong, and local suppliers must further enhance their production efficiency and supply chain capabilities. Additionally, ensuring a steady flow of skilled labor and maintaining policy stability will be key factors in sustaining growth.
Despite these challenges, industry experts predict continued expansion in India’s mobile manufacturing sector. With increasing foreign investment, advancements in local component production, and a favorable policy environment, India is well-positioned to further strengthen its role as a major smartphone manufacturing and export hub in the coming years.