Apple and Samsung dominated India’s smartphone exports in 2024, accounting for 94% of total shipments as local manufacturing expanded. Tata Electronics emerged as the fastest-growing manufacturer with 107% YoY growth, driven by iPhone 15 and 16 production. Counterpoint Research predicts continued double-digit growth in India’s smartphone manufacturing sector in 2025.
Apple Inc. and Samsung Electronics led India’s smartphone exports in 2024, accounting for 94% of shipments as local manufacturing continued its upward trajectory, according to a report by Counterpoint Research. The country’s Made in India smartphone shipments saw a 6% year-on-year (YoY) increase, fueled by these global giants ramping up domestic production.
Tata Electronics, a key player in India’s electronics sector, emerged as the fastest-growing manufacturer, recording a staggering 107% YoY growth in 2024. The company’s expansion in iPhone assembly, particularly with the iPhone 15 and iPhone 16, contributed significantly to its rapid rise. Additionally, Tata Electronics ventured into semiconductor fabrication with a new plant in Dholera, Gujarat, marking a strategic step in India’s electronics manufacturing ecosystem.
Dixon Technologies also strengthened its presence in India’s mobile handset sector, becoming the top manufacturer in the overall segment, which includes both smartphones and feature phones. Dixon’s smartphone shipments grew 39% YoY, backed by strong partnerships with Transsion brands, Motorola, and realme.
According to Prachir Singh, a senior research analyst at Counterpoint, India’s smartphone manufacturing industry is expected to maintain double-digit growth in 2025, driven by increasing local value addition and government initiatives promoting domestic production. “Global smartphone manufacturers are diversifying production to minimize supply chain risks, and India’s vast market, cost-effective labor, and government incentives make it an attractive destination,” Singh noted.
Samsung maintained its strong position in India’s electronics manufacturing with a 7% YoY growth in exports. Meanwhile, China’s Vivo secured the second spot in India’s smartphone shipments, growing 14% YoY and capturing a 14% market share, attributed to its expansion in offline retail and distribution network strengthening.
Foxconn Hon Hai, Apple’s key contract manufacturer, saw a 19% YoY increase in manufacturing volumes in 2024. The company is also set to establish a smartphone display module assembly to further enhance India’s local production capabilities.
On the other hand, Oppo saw its shipments decline by 34% YoY, pushing it to fourth place among smartphone manufacturers due to stiff competition and the rising influence of contract manufacturers like DBG. DBG itself experienced double-digit growth in 2024, largely driven by partnerships with Xiaomi and Realme.
With India’s smartphone manufacturing industry poised for continued expansion in 2025, experts anticipate further investments in local production and supply chain improvements. As Apple, Samsung, and Tata Electronics continue scaling their operations, India is solidifying its position as a major global manufacturing hub in the smartphone sector.
