At the end of the decade from 2014 to 2024, India has emerged as the world’s second-largest producer of mobile phones. This achievement marks a significant transition for the country’s electronics manufacturing sector.

Reduced Import Dependence

* According to the India Cellular and Electronics Association, the mobile phone sector has transformed from being 78 percent import-dependent in 2014 to achieving 97 per cent self-sufficiency by 2024. Only 3 per cent of the total mobile phones sold in India are now imported.

Unprecedented Production

* India’s mobile phone production has reached an impressive 20 lakh crore rupees in this decade of unprecedented growth. During these ten years, the country produced 2.45 billion units of mobile phones, against a target of 2.5 billion units.

Thriving Manufacturing Ecosystem

* This remarkable achievement highlights the growth of India’s electronics manufacturing ecosystem. The country has successfully reduced its reliance on imports and fostered a self-sufficient mobile phone production industry.

* India’s rise as the second-largest mobile phone producer globally is a testament to the country’s commitment to developing a robust manufacturing sector. With reduced import dependence and substantial production volumes, India has established itself as a major player in the global mobile phone market, contributing to its economic growth and technological advancements.