From 95% imports to Rs 6.27 lakh crore in smartphone output: Jyotiraditya Scindia on India's mobile manufacturing growth

Economic Times - Oct 5, 2026

India's mobile phone manufacturing sector has grown from two companies to 300 over the last 12 years. The country now produces smartphones valued at ₹6.27 lakh crore, a remarkable increase from ₹20,000 crore. Broadband users have surged from 60 million to over 1 billion in the same period. India has developed its own 4G technology that supports over 1 lakh towers.

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