New Delhi: India’s mobile phone exports have witnessed a dramatic surge over the past decade, increasing 127 times to reach ₹2 lakh crore in the financial year 2024–25, up from just ₹1,500 crore in 2014–15.
The data was shared by Minister of State for Electronics and IT Jitin Prasada in a written reply to the Lok Sabha on Wednesday.
This substantial growth has been largely attributed to the Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing (LSEM), which was launched to boost domestic production, especially of mobile phones.
"The PLI Scheme for LSEM has already attracted a cumulative investment of INR 12,390 crore, led to a cumulative production of Rs 8,44,752 crore with exports of Rs 4,65,809 crore and generated additional employment of 1,30,330 (direct jobs) till Jun'25," Prasada said.
The scheme has played a significant role in reducing India’s dependence on imported mobile phones.
In 2014–15, about 75% of mobile phone demand in the country was met through imports. That number has now plunged to just 0.02% in 2024–25.
"PLI Scheme for Large Scale Electronics Manufacturing has significantly impacted the mobile manufacturing sector in India particularly in transforming India from a net importer to a net exporter of mobile phones. Bharat is now the second largest mobile manufacturing country in the world," he added.
Additionally, the PLI Scheme 2.0 for IT hardware has shown early signs of success.
According to Prasada, it has attracted ₹717.13 crore in cumulative investment, led to a total production of ₹12,195.84 crore, and created 5,056 direct jobs as of June 2025.
He also noted that total Foreign Direct Investment (FDI) in the electronics manufacturing sector over the last five years stood at USD 4,071 million, with USD 2,802 million coming from MeitY PLI beneficiaries.