Made-in-India smartphones capture market share in US, UK as exports surge past Rs 2 lakh crore
India’s smartphone manufacturing sector is making significant inroads globally, with Indian-made smartphones now commanding 13.74 per cent of the US market and 14.31 per cent of the UK market, according to the latest trade data. This rise reflects India’s growing capability as a global hub for electronics production.
In 2024, smartphone exports from India to the US reached USD 7.03 billion, up from USD 4.7 billion in 2023. Exports to the UK rose to USD 1.5 billion, compared to USD 1.039 billion the previous year.