India’s electronics exports will cross more than Rs 4 lakh crore in 2025, said Ashwini Vaishnav – increase from iPhone exports to semiconductors

New Delhi: Union Minister Ashwini Vaishnav said that electronic exports from the country are expected to exceed Rs 4 lakh crore in 2025. This is expected to increase further after four semiconductor plants start production this year. According to official estimates, electronics production is expected to reach around Rs 11.3 crore in 2024-25 and exports will be worth around Rs 3.3 lakh crore.

Vaishnav informed on social media platform on Monday, “Electronic exports will exceed Rs 4 lakh crore in 2025, thereby creating employment and earning foreign exchange. “This momentum will continue in 2026 as four semiconductor plants begin commercial production.”

The country’s electronic manufacturing sector is currently dominated by the mobile phone industry. According to industry estimates, more than 25 lakh people are employed in the electronics sector. The minister shared a report stating that iPhone exports from India are set to reach Rs 2.03 lakh crore in 2025. This is almost double the Rs 1.1 lakh crore exported by Apple in the year 2024.

According to ‘India Cellular and Electronics Association’, the industry body of mobile manufacturers, mobile phone production in the country is expected to reach US $ 75 billion (about Rs 6.76 lakh crore) by the end of the current financial year 2025-26. This will include exports worth US $ 30 billion or about Rs 2.7 lakh crore. Mobile phones worth Rs 5.5 lakh crore were produced in the country in 2024-25 and exports from this sector stood at about Rs 2 lakh crore. Neel Shah, co-founder and vice president of research at market research and analytics company Counterpoint, said Apple has become an important symbol of India’s success by expanding its manufacturing and taking exports from India to a record high following the US tariffs on China.

Shah said, “Mobile phone production in India will reach about 300 million units and one in four smartphones produced in India will be exported in 2025.” According to International Data Corporation’s ‘Worldwide Quarterly Mobile Phone Tracker’ for the third quarter of 2025, Apple recorded the highest ever supply of 5 million iPhones for the domestic market in this quarter. Apple is leading both the premium (smartphones priced between Rs 53,000-71,000 per unit) and super-premium (smartphones priced above Rs 71,000 per unit) segments which drove the growth of the country’s smartphone market in the July-September quarter.