India Emerges As Second Largest Mobile Manufacturer

Mobile phone production grew markedly to Rs five point five trillion (tn) in 2024-25 and mobile exports reached Rs two trillion (tn). The Production Linked Incentive scheme for Large Scale Electronics Manufacturing, launched in 2020, is credited with stimulating domestic mobile manufacturing and supporting a move from net importer to net exporter.

Till December 2025 the PLI scheme had attracted Rs 151.72 billion (bn) in investment and generated 171,448 additional jobs. PLI 2.0 for IT hardware, launched in 2023, contributed cumulative production of Rs 165.31 billion (bn), cumulative investment of Rs 8,566.4 million (mn) and direct employment of 4,776. Cumulative production under the PLI schemes reached Rs 10.39 trillion (tn) by 31 December 2025.

The government has complemented the PLI measures with initiatives for electronic components and semiconductors, electronics manufacturing clusters and the Semicon India Programme, along with procurement preferences and tax reforms. Policy adjustments have allowed one hundred per cent foreign direct investment in electronics manufacturing, subject to applicable laws and regulations. These measures aim to reduce import dependence, deepen the domestic ecosystem and position India as a trusted global supply chain hub.