Mobile output grows 146%, exports soar 775%

Mobile output grows 146%, exports soar 775%

Make in India 2.0 targets 27 sectors; 12 projects worth ₹28,602 crore approved under NICDP
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New Delhi

India's mobile phone production has seen a massive 146% rise in four years, growing from ₹2.13 lakh crore in 2020–21 to ₹5.25 lakh crore in 2024–25, Commerce Minister Piyush Goyal told Parliament on Tuesday. During the same time, mobile phone exports surged by 775%, from ₹22,870 crore to ₹2 lakh crore.

The growth is driven by government schemes like the Production Linked Incentive (PLI) and the National Industrial Corridor Development Programme (NICDP). These policies have helped boost domestic manufacturing, job creation, and exports.

Goyal stated that the PLI scheme has encouraged global smartphone brands to shift production to India, making the country a key mobile phone manufacturing hub. Import of raw materials, especially in pharmaceuticals, has also reduced due to domestic production of key ingredients like Penicillin-G and medical device technology.

The government has also launched Make in India 2.0, focusing on 27 key sectors. Twelve new projects worth ₹28,602 crore have been approved under NICDP to further attract manufacturing investments.

Additional efforts include the Atmanirbhar Bharat packages, National Infrastructure Pipeline, National Monetization Pipeline, India Industrial Land Bank, and National Single Window System, all aiming to simplify business and promote self-reliance.

Together, these moves are shaping India into a strong and self-sufficient manufacturing powerhouse.

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