India vs China: Who Actually "Makes" More Value?
AI Summary
India has become the world's second-largest phone manufacturer, producing ₹6,27,000 crore worth of mobile phones annually, a 33-fold increase from a decade ago. However, the majority of components in these "Made in India" phones are still imported, with India's domestic value addition at 18-20%. The country is taking steps to close the gap, including initiatives in chip packaging, design startups, and semiconductor policy.
India now makes ₹6,27,000 crore worth of mobile phones a year — 33 times more than a decade ago — making it the world's second-largest phone manufacturer and its top export product.
But here's the catch: most of a "Made in India" phone isn't actually made in India. The chips, displays, and camera sensors are still imported — India's domestic value addition is just 18-20%, compared to 38-40% for China.
Here's why that gap matters, what India is doing about it (chip packaging, chip design startups, and semiconductor policy), and its realistic path to closing the gap by 2035.
Yashank Rathi is a B.Com (Hons) student at Hansraj College, Delhi University, with a strong passion for finance, markets, business trends, and the startup ecosystem. With growing hands on experience in research, content creation, and SEO driven digital marketing, he brings a fresh and analytical perspective to business journalism. He is the Co-Founder of mangopeoplenews.com, where he works to make complex financial and business topics simple, engaging, and relevant to everyday readers.
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