Explore how India is emerging as a trusted global manufacturing partner, driven by export-led growth, engineering excellence, and discipline
Victor Hugo once observed, “No power on earth can stop an idea whose time has come.” In our view, India-based manufacturing is one such idea. Indian companies are increasingly transitioning from domestic suppliers to trusted global manufacturing partners, particularly in engineered, high value-added products where quality, reliability, and execution matter far more than low-cost labour alone.
This shift is clearly reflected in the data. A decade ago, smartphone exports from India were negligible, with the entire mobile export segment was around ₹1,500 crore in FY15. By FY25, mobile phone exports—led by iPhones—had expanded more than 100-fold to approximately ₹2 lakh crore. Today, India accounts for nearly 35% of smartphone imports into the United States, underscoring its growing relevance in global supply chains.
