India saw a ramp-up of electronics production by 6 times and export increasing 8 times in the last 11 years, Minister for Electronics and Information Technology Ashwini Vaishnaw said, lauding Prime Minister Narendra Modi's leadership.
India's mobile phone manufacturing industry has reached an unprecedented milestone, with exports soaring to a record Rs 1.5 lakh crore in January 2025, according to the India Cellular and Electronics Association (ICEA).
Faced with supply chain disruptions, particularly since the Covid pandemic hit in 2020 and subsequent flare up of geopolitical tensions that still continues, many leading global companies, in specific that are into manufacturing space, are diversifying their operations across regions. These
Google has told suppliers to start making its Pixel smartphones in India by the next quarter at the earliest, as part of the search engine giant's aim to further diversify its supply chain away from China and capture the booming Indian smartphone market, Nikkei Asia has reported.
The India Cellular and Electronics Association (ICEA) welcomed the duty cut on various mobile parts by the central government and stated that low input tariffs were key to transforming India into a global hub for electronics manufacturing and exports.
The central government has slashed import duty on several key components used in the production of mobile phones, in a bid to boost the country's electronics exports.