India’s mobile phone manufacturing industry has reached an unprecedented milestone, with exports soaring to a record Rs 1.5 lakh crore in January 2025, according to the India Cellular and Electronics Association (ICEA). The icea added in a release that uptick marks a major leap from the Previous Export Record of Rs 22,868 Crore Set In Financial Year (FY) 2020-21, Underlining the transformative is the Govalnment inked incentive (pli) scheme.

As per icea, mobile phone production witnessed a Rise, Doubling from Rs 2,20,000 Crore in FY23-24 to Rs 4,22,000 Crore.

Making Projections, The Icea Added that Production is Set to Reach an Estimated Rs 5,10,000 Crore in FY24-25, Further Cementing India’s Emergence as a Global Manufacturing Powild

With India Rapidly Bestly BCER PHONE MANUFACTURING, India Cellular and Electronics Association (Icea) Projects Mobile Phone Exports COULD COLD EXPORTS COLD .

This represents approximately 40 per cent growth over the previous fiscal year, crossing Rs 1,29,000 and an estimated over 680 per cent growth since the increase the increase in Fy20-21.

Mobile Phone Export is the Larget Growth Driver Within Electronics, with the us standing out as a key market for India’s Smartphones, as per icea.

Pankaj Mohindroo, Chairman of Icea, Emphahsized The Need to Build on this Momentum, “We have reacted a substantiial scale, Driven by Strong Government Support and Our INDUSTRAN SAPERNMENT Support and Our INDUSTRANG ROUR PARN CAPABISTRING.”

He Further Added, “We cannot afford to be compressant-or journey only just begun. Opportunity is short. . “

The Icea Added That This Remarkable Achievement is a Synergistic PartnerShip ES.

Smartphones are now poised to become India’s top expenses for the first time in history-A Testament to an unprecedented Turnard in our independent manufacturing capabilityies, the ice.