The coming of age of India’s industrial policy

India's smartphone exports reached about ₹2.6 lakh crore in 2025, making smartphones the country's largest export category.

The Union Cabinet approved the ₹62,000-crore Mobile Phone Manufacturing Scheme and Semicon 2.0 with a ₹1.3 lakh crore outlay.

India's electronics production hit ₹13 lakh crore in 2025-26, with exports at ₹4 lakh crore and domestic value addition rising from 15% to 23%.

The mobile ecosystem supports around 12 lakh jobs, with women comprising nearly 70% of the direct workforce.

Semicon 2.0 broadens beyond fabs to six connected pillars, following 12 manufacturing projects approved under the first mission.