India's smartphone production was on the rise in 2025, but strong headwinds await
According to Counterpoint's "Make in India" tracker, smartphone manufacturing in India recorded an 8% growth year-over-year in 2025. The growth was fueled by a 28% year-over-year surge in exports and a modest 1% increase in domestic shipments. Exports accounted for one-third of all smartphones manufactured in India. Foxconn Hon Hai, Apple's main contractor, had a particularly strong showing with an impressive 48% YoY growth. Tata Electronics, being another key assembler for Apple, also contributed to the exports. Samsung's exports, on the other hand, grew only 4% compared to...