Core Insights - The article highlights the significant growth of smartphone manufacturing in India, driven by a 15% year-on-year increase in shipments in Q2 2025, primarily due to a 32% surge in exports and an 8% rise in domestic shipments [4][8]. - Dixon Technologies has emerged as the largest smartphone manufacturer in India, with a remarkable 196% increase in shipments, fueled by orders from Motorola, Transsion brands, Xiaomi, and Realme [4][8]. - The article emphasizes the critical role of Indian manufacturers as major Chinese OEMs outsource production to India, with expectations for further expansion of India's EMS landscape [6][9]. Export Growth - Apple has become the largest exporter in Q2, benefiting from geopolitical shifts and increased demand, particularly for iPhones, which has positively impacted Foxconn and Tata Electronics [9]. - The combined market share of Apple and Samsung in India's smartphone export market remains stable at over 93%, indicating a strong reliance on these brands for export growth [9]. - Future sustainability of India's EMS sector depends on building a robust local supply chain and increasing investment in domestic smartphone component manufacturing [9]. Market Dynamics - Bhagwati Products Limited (BPL) has entered the top five smartphone manufacturers in India, achieving the fastest growth in the market, supported by increased orders from Vivo and OPPO [4][8]. - The article notes that several manufacturers are forming joint ventures to invest in local component production, which will enhance India's domestic value addition [9]. - The Indian government's initiatives, such as the Electronics Components Manufacturing Plan, are expected to play a pivotal role in expanding the electronic manufacturing supply chain in India [6].