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Vaishnaw: Smartphones Lead India's Exports, Reaching $30 Billion in Overseas Shipments
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Smartphones Top India's Exports at $30 Billion: Vaishnaw
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CNBC TV18
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25-02-2026, 17:57
Smartphones Top India's Exports at $30 Billion: Vaishnaw
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Union Minister Ashwini Vaishnaw announced smartphones are India's top export category, reaching $30 billion in 2025.
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India aims to be the 'smartphone manufacturing factory for the world'.
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Mobile phone production in India reached ₹5.5 lakh crore ($60 billion) in 2024-25, with exports around ₹2 lakh crore ($22 billion).
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Electronics exports surpassed ₹4 lakh crore ($44 billion) in 2025, with further growth expected from new semiconductor plants.
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Apple, Samsung, and Motorola drive exports to markets like the USA, with Apple expanding manufacturing in India.
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