India’s ambitious push for self-sufficiency in mobile phone assembling is yielding results. India shipped 2 billion domestically assembled smartphones and feature phones between 2014 to 2022 as part of its Make in India initiative.
A staggering 98% of all mobile phone shipments within the Indian market in 2022 were domestically produced and 16% of the production was exported, according to Hong Kong-headquartered market and research firm Counterpoint.
Counterpoint says it took India just two years to assemble the last 500 million smartphones and feature phones, a milestone that has cemented India’s position as the world’s second-largest mobile phone producer.