India's iPhone Exports Soar 47%, Driving Smartphone Manufacturing Boom

• India's smartphone exports reached a record $30 billion in 2025, a 47% increase from the previous year.
• Apple iPhones accounted for 75% of total smartphone exports between 2021-2025, valued at over $22 billion.
• Electronics production in India hit ₹11.3 lakh crore in 2024-25, with Apple iPhone exports exceeding ₹2 lakh crore in 2025.
• India is now the world's second-largest mobile phone manufacturer, with over 99% of phones sold domestically being 'Made in India'.
• The government's Production-Linked Incentive (PLI) scheme has been crucial for this growth, with discussions to extend it beyond March 2026.

Why It Matters: India's smartphone exports, led by Apple iPhones, have seen massive growth due to the PLI scheme.