India's Mobile Phone Exports Surge 127x To Rs 2 Lakh Cr In 10 Years, Says Govt
India's mobile phone exports rose 127% to Rs 2 lakh crore in a decade due to the PLI scheme, which attracted Rs 12,390 crore investment and created 1,30,330 direct jobs.
The Indian government's efforts to promote exports and make India a global manufacturing hub appear to be bearing fruit, as India's mobile phone exports surged 127 per cent to reach Rs 2 lakh crore in a decade, the Ministry of State for Electronics and IT informed Parliament on Wednesday.
In a written reply to Lok Sabha, the Union Minster Jitin Prasada said the export of mobile phones jumped 127 per cent from India from Rs 1500 crore in 2014-15 to Rs 2 lakh crore in 2024-25.
Minister said that the production linked incentive (PLI) scheme, which was meant mainly for mobile phone manufacturing, attracted a total investment of Rs 12,390 crore.
'The PLI Scheme for LSEM has already attracted a cumulative investment of INR 12,390 crore, led to a cumulative production of Rs 8,44,752 crore with exports of Rs 4,65,809 crore and generated additional employment of 1,30,330 (direct jobs) till Jun'25," the minister said.
Minister further informed Parliament that the country's mobile import demand decreased by 0.02 per cent in 2024-25, from an outstanding 75 per cent in 2014-15.
'PLI Scheme for Large Scale Electronics Manufacturing has significantly impacted the mobile manufacturing sector in India particularly in transforming India from a net importer to a net exporter of mobile phones. Bharat is now the second largest mobile manufacturing country in the world," the minister said.
Minister Prasada informed that the PLI Scheme 2.0 for IT hardware has so far attracted a total investment of Rs 717.13 crore, resulting in cumulative production worth Rs 12,195.84 crore and the creation of 5,056 direct jobs as of June 2025.
He further stated that India received USD 4,071 million in foreign direct investment (FDI) in the electronics manufacturing sector over the past five years, starting from FY 2020-21. Of this, USD 2,802 million came from companies benefiting under the Ministry of Electronics and IT's PLI scheme.
(With PTI Inputs)
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First Published:
July 24, 2025, 08:10 IST
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