According to Counterpoint's "Make in India" tracker, smartphone manufacturing in India experienced an 8% year-over-year growth in 2025. This increase was driven by a significant 28% rise in exports, alongside a modest 1% growth in domestic shipments. Exports comprised one-third of all smartphones produced in the country.
Foxconn Hon Hai, Apple's primary contractor, demonstrated remarkable performance with a 48% year-over-year increase. Tata Electronics, another essential assembler for Apple, also contributed positively to exports. In contrast, Samsung's exports exhibited only a 4% growth compared to the previous year.
The electronics manufacturing sector emerged as the third largest export category in the fiscal year 2025, primarily due to smartphone sales. It is anticipated to claim the second spot in FY2026.
Dixon Technologies, producing Motorola, Realme, and Xiaomi devices, witnessed an impressive 89% surge in orders. Bhagwati Products Limited also capitalized on vivo's decision to outsource some of its production, with additional contributions coming from orders by Oppo and Realme.
However, future challenges loom for the smartphone manufacturing industry due to rising memory chip prices, the ongoing US-Iran conflict, and an anticipated decline in the smartphone market. Analysts recommend that India diversify its production lines and shift its focus towards laptops and tablets, which they believe could offer more sustainable long-term success.
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