Mobile phone exports cross `2 lakh crore in FY25

The country’s mobile phone exports have crossed a significant milestone, surpassing Rs 2 lakh crore in the financial year 2024-25, said minister of Electronics and Information Technology Ashwini Vaishnaw on Tuesday.

The minister also announced that iPhone shipments alone contributed Rs 1.5 lakh crore to this figure, marking a remarkable 54% growth over the previous fiscal year. “Smartphone exports crossed `2 lakh crore in the financial year 2024-25. It is now among the top exported goods out of India. About Rs 1.5 lakh crore worth of iPhones were exported,” Vaishnaw said.