Smartphone export growth, PLI scheme impact, record smartphone production
Another record breaking performance in Smartphone exports under the PLI Scheme.
Smartphone exports have crossed INR 1 lakh crore within just five months of FY26 – 55% higher than the same period in last fiscal.
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Scale of Smartphone production propelling massive ₹50,000 cr… pic.twitter.com/VWZwwxxLyw
— Ashwini Vaishnaw (@AshwiniVaishnaw) September 15, 2025
Another Record Breaking Performance in Smartphone Exports Under the PLI Scheme
Smartphone exports in India are experiencing phenomenal growth, thanks to the Production-Linked Incentive (PLI) Scheme. Recently, it was reported that smartphone exports have crossed INR 1 lakh crore within just five months of FY26, marking a remarkable 55% increase compared to the same period last fiscal year. This surge reflects the robust demand for smartphones both domestically and internationally.
Smartphone Exports Have Crossed INR 1 Lakh Crore
The impressive figure of INR 1 lakh crore in smartphone exports is a testament to the successful implementation of the PLI Scheme. This initiative encourages local manufacturing and boosts export potential, ultimately placing India on the global smartphone manufacturing map. The increase not only signifies growth in numbers but also highlights India’s capability to compete with established players in the market.
Scale of Smartphone Production Propelling Massive ₹50,000 Crore
The scale of smartphone production in India is propelling the economy forward, contributing to a massive ₹50,000 crore in revenue. This growth is not just beneficial for manufacturers but also creates job opportunities and strengthens the supply chain. As more companies invest in manufacturing facilities, the potential for innovation and technological advancements increases, making India a hub for smartphone production.
The PLI Scheme has been pivotal in transforming the landscape of smartphone manufacturing in India. As the sector continues to expand, we can expect even more exciting developments in the near future. For more insights on the impact of the PLI Scheme, you can check out the updates from Ashwini Vaishnaw.
Stay tuned for more updates on this dynamic industry and its contributions to the Indian economy.