Indian mobile manufacturing companies exported Rs 1.5 lakh crore worth of mobiles in Jan 2025: ICEA

New Delhi [India], February 18 (ANI): India’s mobile phone manufacturing industry has reached an unprecedented milestone, with exports soaring to a record Rs 1.5 lakh crore in January 2025, according to the India Cellular and Electronics Association (ICEA).

The ICEA added in a release that the uptick marks a major leap from the previous export record of Rs 22,868 crore set in Financial Year (FY) 2020-21, underlining the transformative impact of the government’s Production Linked Incentive (PLI) scheme.