India’s electronics sector celebrated a breakthrough in 2025, with exports eclipsing $47 billion (₹4.15 lakh crore) for the inaugural time—a phenomenal 37% growth from $34.93 billion in 2024. At the heart of this success lies the PLI initiative, turbocharging smartphone exports to unprecedented levels.
Comprising roughly $30 billion, smartphones drove two-thirds of the total. December exports reached $4.17 billion, a 16.8% uplift from 2024. The year featured seven months above $4 billion, highlighting steady worldwide demand.
Over five years (2021-2025), smartphone exports totaled $79.03 billion, with 2025 claiming 38%. iPhones from Apple accounted for 75%, surpassing $22 billion; local iPhone shipments alone topped ₹2 lakh crore, an 85% increase.
Production estimates for 2024-25 stand at ₹11.3 lakh crore. Minister Vaishnaw forecasts heightened trajectories in 2026 via new semiconductor plants. As the second-biggest mobile maker globally, India assembles over 99% of its phones domestically. The government eyes PLI extensions past March 2026 to perpetuate this boom.