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

Smartphones Top India's Exports at $30 Billion: Vaishnaw

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CNBC TV18•25-02-2026, 17:57

Smartphones Top India's Exports at $30 Billion: Vaishnaw

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

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