Mobile phone exports hit record high but domestic value addition remains below 15%

Mobile phone exports hit record high but domestic value addition remains below 15%

India’s mobile phone exports reached a record high of ₹1.2 lakh crore in FY26, up 35% year-on-year, according to Business Standard’s analysis of government data. However, domestic value addition remained below 15%, indicating heavy reliance on imported components. The surge in exports was driven by global demand and India’s push to become a manufacturing hub. Industry experts noted that while export volumes grew, the low value addition underscores challenges in building a self-sufficient supply chain. The government has not yet commented on specific measures to boost domestic manufacturing.