New Delhi, April 9 -- India's smartphone exports have reached an unprecedented milestone in the financial year 2024-25, surpassing Rs 2 lakh crore for the first time, according to an announcement made on Tuesday by Union Minister for Electronics and IT, Ashwini Vaishnaw.

The minister highlighted this achievement as another record-breaking result of the government's Production-Linked Incentive (PLI) scheme.

Official data reveals a substantial 54 percent increase in smartphone exports compared to the previous financial year, demonstrating the growing integration of global value chains with India's expanding electronics manufacturing sector.

Minister Vaishnaw emphasised that this export growth is generating significant employment opportun...