From ₹38,000 Cr to ₹4.24 Lakh Cr: India's Electronics Export Leap
What Happened
India has become the world's second-largest mobile phone manufacturer, with mobile phone exports rising to ₹2.59 lakh crore. Government initiatives such as the PLI Scheme, India Semiconductor Mission (ISM), ECMS and EMC 2.0 have helped attract investments and expand domestic manufacturing.
Key Takeaways
Mobile manufacturing has become one of India's biggest export success stories, helping transform the country from a major importer into a global electronics production hub while generating jobs and boosting exports.