India becomes world’s 3rd-largest mobile exporter at $20.5 billion: Study

Wait 5 sec.

India has dramatically transformed its mobile phone sector, becoming a major exporter with USD 20.5 billion in exports in 2024. This shift, driven by policy interventions like the PLI scheme and integration into global value chains, has led to increased domestic value addition and job creation. The country's success provides a blueprint for expanding manufacturing leadership across the electronics sector.