India’s smartphone production rose 8% in 2025, led by a 28% surge in exports, while domestic demand stayed flat. Exports now make up one-third of output, boosting firms like Foxconn and Tata Electronics. Government support via PLI and reforms aids growth, though rising memory costs and global tensions may pose challenges.
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New Delhi: The shipments of ‘Made in India’ smartphones grew 8 per cent (on-year) in 2025, driven by a 28 per cent surge in exports and a 1 per cent growth in domestic sell-in, according to a new report on Thursday.
Exports accounted for approximately one-third of all smartphones manufactured in India, said Counterpoint Research’s ‘Make in India’ Tracker.
Foxconn Hon Hai emerged as the key beneficiary with a 48 per cent YoY growth in its exports, driven by strong Apple shipments.