Economic Survey Highlights Domestic Smartphone Production

The Economic Survey 2024-25 provides significant insights into India's manufacturing sector, particularly the mobile phone industry. A key finding highlights the substantial growth in domestic production.

Domestic Manufacturing Percentage Explained

According to the data presented in the Economic Survey 2024-25, the percentage of smartphones sold in India that are manufactured domestically has reached an impressive level. This indicates a strong push towards self-reliance in electronics manufacturing.

• The survey data points towards a near-complete domestic manufacturing ecosystem for smartphones.
• Specifically, 99% of the smartphones sold within India are now manufactured locally.

Significance of Domestic Smartphone Manufacturing

This achievement is a major milestone for India's manufacturing capabilities and aligns with initiatives like 'Make in India'. It suggests:

• Increased investment in local manufacturing facilities.
• Growth in the electronics manufacturing services (EMS) sector within India.
• Creation of employment opportunities in the sector.
• Reduced reliance on imports for a crucial technological product.

Source of Information

The statistics mentioned are based on the findings reported in the official Economic Survey 2024-25, a comprehensive document detailing the state of the Indian economy.