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India is strongly positioned as the next global platform for consumer technology, driven by expanding manufacturing base, stronger supply chain capabilities, and a shift toward aspirational, global-style preferences is reshaping demand in this "strategic market", Akis Evangelidis, Co-founder and India President of smartphone maker Nothing has said. The London-based consumer technology unicorn - which recently inaugurated its first flagship store in the country, in Bengaluru - says it is on a hyper-growth trajectory in India. "...it has been an intense journey, but very rewarding and quite exciting. India is a strategic market, and a lot has been happening on the global front out of India in our industry, and we definitely see India being at the forefront of it for the foreseeable future," Evangelidis told PTI in a recent interview. It is pertinent to mention that India is the world's second-largest smartphone market, with rising local manufacturing under government incentives and ..
Smartphone has become India's top export category with overseas shipments worth USD 30 billion in 2025, Union Electronics and IT Minister Ashwini Vaishnaw said on Wednesday. The minister shared the development in a social media post. "Becoming the smartphone manufacturing factory for the world," Vaishnaw said. The photo post titled Smartphones India's No. 1 export category displayed that there were exports worth USD 30 billion in January-December 2025. Mobile phones worth Rs 5.5 lakh crore (USD 60 billion) were produced in the country, and exports from the segment were worth around Rs 2 lakh crore (about USD 22 billion) in 2024-25. Electronics exports from the country have crossed Rs 4 lakh crore (USD 44 billion) in 2025 and are expected to grow when four semiconductor plants begin production this year. Neil Shah, Co-Founder and VP for Research at market research and analysis firm Counterpoint, said Apple has become a poster child for India by expanding its manufacturing post-US