India’s Smartphone Export Boom: Can It Overtake China and Vietnam?
India is making global headlines—not just for its booming tech talent, but for something much more tangible: smartphones. Over the last few years, the country has aggressively positioned itself as a global manufacturing hub for mobile phones, and now, it’s beginning to pay off. According to recent reports, India is set to manufacture nearly 25% of the world’s iPhones, signaling a major shift in the global electronics supply chain. But the question remains—is India ready to become the next big manufacturing giant, overtaking countries like China and Vietnam? From Assembling to Leading Historically, China has been the undisputed leader in smartphone manufacturing, with Vietnam quickly catching up. However, global tensions, rising labor costs in China, and supply chain disruptions during the pandemic forced tech giants like Apple to diversify. India stepped in at just the right time. Under initiatives like Make in India and the Production Linked Incentive (PLI) scheme, the Indian governme...