India’s Smartphone Market Set To Cross $50 Billion; Exports To Reach $20 Billion In FY25
India's smartphone market, likely to surpass $50 billion in value this year, is on track to see exports reach $20 billion in FY25, largely driven by 'Made in India' Apple iPhones.
India’s Smartphone Exports Surge Over 90% in November To Rs 20,300 crore
The surge came as part of the government’s production-linked incentive (PLI) scheme. Apple produced $10 billion worth of iPhones in the first seven months of FY25, exporting $7 billion, the highest on record.
