Guwahati, June 10 -- India is set to become a major player in global smartphone manufacturing by 2025. While global smartphone production is expected to decline slightly by 1% following a 4% growth in 2024, India's output is projected to grow rapidly, capturing a record 20% share of the global market. This surge is primarily driven by strong export demand from leading brands such as Apple and Samsung, according to a recent report by Counterpoint Research.
In 2024, China, India, and Vietnam collectively accounted for over 90% of global smartphone production, with India experiencing the fastest growth. However, performance across these countries is expected to vary in 2025, with China likely to see a decline in output due to tariffs and so...
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