Bharat Express

PLI scheme

India’s smartphone exports soared by 140% in January 2024, reaching ₹25,000 crore ($3 billion). The surge was led by Apple’s supply chain, which contributed nearly 70% of total exports, followed by Samsung at 20%.

India’s mobile phone exports are set to exceed Rs 1.8 lakh crore in FY25, marking nearly 40% growth over the previous year.

India's Production Linked Incentive (PLI) scheme for electronics manufacturing has shown significant success, attracting a cumulative investment.

The government has approved investment proposals totalling Rs 3,516 crore from 24 companies in the third round of applications for the Production Linked Incentive (PLI) scheme for white goods.

The PLI scheme for telecom and networking products attracted Rs 3,998 crore in investment, slightly lower than the committed Rs 4,014 crore, according to a report tabled in Parliament on Wednesday.

As of 31 Oct, the government’s PLI scheme for food processing has created over 2.89 lakh jobs, as per Ministry of Food Processing Industries.

FDI inflows into India reached $1,033.40 billion between April 2000 and September 2024, marking a key milestone in its growing economy.

The PLI scheme for telecom has attracted 42 applicants, including 28 MSMEs, with Rs 3,925 crore investment and Rs 12,384 crore exports.

India's iPhone production hit $10 billion in the first seven months of FY25, according to government data.

The combined import value of these companies dropped by 7% year-on-year to Rs 95,143 crore, according to regulatory filings with the Registrar of Companies (RoC)