India now produces 97% of its total mobile phone demand locally and 30% of the total production in the financial year 2024 is meant for export, it said. "Mobile phone production surged from ₹18,900 crore in 2014-15 to an estimated ₹4,10,000 crore in FY24, registering an increase of 2,000%. In 2014-15, mobile phone exports from India were a mere ₹1,556 crore. From just two mobile phone factories in 2014, India now has become the second-largest mobile phone producer in the world. Samsung on the other hand, operates its second-largest mobile phone factory in Noida.
