India has emerged as the leading supplier of smartphones to the United States, Union Minister Ashwini Vaishnaw said on Sunday, adding that the country’s electronics manufacturing sector has now touched a valuation of Rs 12 lakh crore.
Electronics production sees sixfold growth
Speaking at the inauguration ceremony of metro projects in Bengaluru, Vaishnaw highlighted the government’s efforts to boost domestic electronics production. He noted that India’s electronic manufacturing has grown six times in the past 11 years, with exports alone recording an eightfold jump to reach Rs 3 lakh crore.
India’s rise in mobile manufacturing
The minister underlined India’s position as the world’s second-largest mobile phone manufacturer. In 2014, India had just two mobile manufacturing units. Today, that number has expanded to over 300, marking a dramatic transformation in the sector. Mobile phone production value, he added, has risen from Rs 18,900 crore in FY14 to Rs 4,22,000 crore in FY24.
Vaishnaw also emphasised how the domestic market has shifted, with 99.2 per cent of mobile phones sold in India now being manufactured within the country, compared to just 26 per cent in 2014-15. This, he said, reflects India’s growing self-reliance in technology manufacturing.
Support for inclusive technology
According to Vaishnaw, this growth is part of the broader vision to make India a global hub for technology production. He said that Prime Minister Narendra Modi’s focus on inclusive access to technology has ensured that advanced electronics are increasingly within reach for all citizens.
Three more Vande Bharat trains flagged off
Meanwhile, Prime Minister Modi flagged off three new Vande Bharat trains earlier in the day, the Ajni (Nagpur)-Pune, KSR Bengaluru-Belgavi, and Shree Mata Vaishnodevi Katra-Amritsar services — from the KSR Bengaluru railway station. With these launches, India’s Vande Bharat fleet has expanded to 150 trains (75 pairs), Vaishnaw confirmed in a post on X.
