India targets 35–40% local value addition in mobile phones

Expanded component incentives, semiconductor investment and a new five-year mobile manufacturing allocation aim to deepen India’s electronics supply chain, potentially reshaping handset sourcing, pricing and availability for retailers.

— Source published Fri, 21 Aug, 2026, 13:02 IST · First seen Fri, 21 Aug, 2026, 13:42 IST · Source Business Today · Latest

What happened

Government of India · India aims to raise domestic value addition in mobile phones to 35-40% through component manufacturing, supply-chain investments and

Key facts

  • Domestic mobile-phone value addition target: 35-40%, from 22-23%
  • Electronics production: Rs 13.11 lakh crore in 2025-26, versus Rs 1.9 lakh crore in 2014-15
  • Electronics exports: Rs 4.24 lakh crore, versus Rs 38,000 crore
  • Mobile-phone production: Rs 6.27 lakh crore in 2025-26, versus Rs 18,900 crore
  • Mobile-phone exports: Rs 2.60 lakh crore, versus Rs 1,566 crore
  • ECMS budget increased to Rs 40,000 crore from Rs 22,919 crore
  • 75 ECMS applications approved across 23 products
  • Approved projects: Rs 61,671 crore investment, Rs 4.51 lakh crore output and 65,040 direct jobs
  • Mobile manufacturing scheme allocation: Rs 62,500 crore
  • Semicon 2.0 budget: Rs 1.27 lakh crore

Why this matters

Handset brands and retailers should evaluate Indian manufacturing, component-sourcing and semiconductor partnerships now to secure capacity and capture incentives under the new five-year allocation.

What to watch

  • Final design and eligibility rules for the five-year mobile manufacturing allocation.
  • Actual incentive coverage for components, including PCBs, displays, camera modules, batteries and semiconductor packaging.
  • Brand announcements of new Indian component plants, supplier partnerships or production relocations.
  • Changes in handset import duties, component tariffs and standards/certification requirements.
  • Monthly retail pricing, promotional intensity and stock availability in sub-INR 15,000 and INR 15,000-30,000 smartphone tiers.
  • Evidence that premium-device launches or repair-part availability are being delayed by import dependence.
  • Reforecast smartphone category margins by price band, separating locally assembled models from import-dependent premium devices.
  • Secure longer-term allocation commitments from major brands and distributors before localization requirements tighten.
  • Increase assortment visibility for India-made devices, accessories and extended-warranty bundles.
  • Audit exposure to imported chargers, wearables, repair parts and premium smartphones that may face indirect sourcing or tariff pressure.
  • Develop supplier scorecards tracking domestic value addition, component localization, lead times and launch reliability.