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India s Mobile Phone Manufacturing Soars 21-Fold To Rs 4 1 Lakh Crore In Last 10 Years: ICEA

With Apple & Samsung India s Mobile Phone Manufacturing Soars 21-Fold To 1 2 Lakh Cr In Decade

With Apple & Samsung India s Mobile Phone Manufacturing Soars 21-Fold To 1 2 Lakh Cr In Decade
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Mobile Phone Manufacturing Jumps 21 Times To ₹4 1 Lakh Cr In 10 Years

Mobile Phone Manufacturing Jumps 21 Times To ₹4 1 Lakh Cr In 10 Years
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Mobile phone manufacturing jumps 21 times to Rs4 1 lakh crore in 10 years: ICEA

Mobile phone manufacturing jumps 21 times to Rs4 1 lakh crore in 10 years: ICEA
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Mobile phone manufacturing jumps 21 times to Rs 4 1 lakh cr in 10 yrs: ICEA

Over the past decade, mobile phone manufacturing in India has seen a remarkable 21-fold increase to reach Rs 4.1 lakh crore, driven by government policies like the Production Linked Incentive (PLI) scheme. This surge has enabled India to fulfill 97% of its mobile phone demand domestically, with 30% of production targeted for export in FY 24, amounting to an estimated Rs 1.2 lakh crore.

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