Samsung Rides Made-in-India Wave as Smartphone, TV & Appliance Exports Jump 25% in FY25, Export Share Hits in 42% in Total Revenue

Ø Exports surged 25% to ₹45,930 crore in FY25 across smartphones, TVs, refrigerators and washing machines.

Ø Exports made up 42% of Samsung India’s revenue, up from 37% in FY24 — showing India’s growing importance as a global production hub.

Ø Samsung India began exporting to the U.S. in 2025 (products unspecified).

Ø Software exports rose 21% to ₹2,274 crore.

Ø Domestic performance lagged: India-market revenue grew only 5%.

Ø Overall revenue from operations up 11.7% to ₹1,11,183 crore in FY25.

Ø Net profit jumped 38% to ₹11,286 crore.

Ø Samsung exported to nearly 70 countries, including Vietnam, South Korea, China, Europe, Saudi Arabia, the UK, the US and Africa.

Ø Galaxy smartphones exported to major markets; home appliances and TVs mostly shipped to emerging markets and even Samsung’s home market (South Korea).

Ø Industry sources expect exports to continue rising as Korean manufacturers deepen their India-based supply chains.

Ø GST reduction expected to boost domestic sales in FY26.

Apple vs Samsung:

· Apple exported $17.4 bn of iPhones from India in FY25.

· India’s total smartphone exports crossed ₹2 lakh crore (up 54% YoY).

· Apple widened its India sales lead in FY25:

o Apple: ₹74,680 crore (product sales)

o Samsung: ₹65,253 crore

Ø Samsung India is generating strong cash, with cash & bank balances rising from ₹17,300 crore → ₹27,900 crore.

Ø Smartphone business is Samsung’s backbone, forming 74% of total sales; home appliances contribute 10%+.

Ø No dividend paid in FY25; Samsung India paid ₹3,240 crore in royalties to its South Korea parent.

Ø Retained earnings increased to ₹42,199 crore (vs. ₹30,915 crore in FY24).

Ø IDC smartphone market share (Jul–Sep 2025):

• Vivo: 18.3% (No. 1)
• Oppo: 13.9%
• Samsung: 12.6% (No. 3) — slight improvement YoY
• Apple: 10.4% (No. 4)

[ABS News Service/22.11.2025]

Samsung's exports of smartphones, television sets, refrigerators and washing machines from India rose 25% to ₹45,930 crore in 2024-25, indicating that the country is fast becoming a major global production hub for the South Korean electronics giant.

Exports accounted for nearly 42% of Samsung India Electronics' revenue last fiscal year compared with 37% in FY24, as per the company's latest regulatory filings with the Registrar of Companies.

The India unit also started exports to the US from this calendar year, as per the filings. It did not specify the products that were exported to the US. Software export from India rose 21% to ₹2,274 crore.

The strong growth in exports for Samsung India comes in stark contrast to its performance in the domestic market, where revenue grew just 5%.

As per the regulatory filings, Samsung India's revenue from operations rose 11.7% to ₹1,11,183 crore in FY25, while net profit surged 38% to ₹11,286 crore. This entity is responsible for manufacturing, local sales and exports in India for Samsung.

The filings show Samsung India shipped products to nearly 70 countries, including some where it has large local production, such as Vietnam and South Korea.

The Galaxy smartphones are exported to China, Europe, Saudi Arabia, South Korea, the UK, the US and Vietnam, while home appliances and televisions are mostly shipped to emerging markets in Africa, Asia and even its home market of South Korea.

Samsung India did not respond to an email seeking comment.

An industry executive said Samsung India's exports will continue to rise this year, as companies expand sourcing bases and Korean manufacturers build their supply chain and vendor base in India. "However, this year, the GST reduction will give a bump to the domestic sales too," he said.

Rival Apple's India entity, Apple India, is only involved in smartphone, tablet and computer sales. Apple's smartphone manufacturing in India through third-party contractors is driven directly by its US headquarters.

As per government data, Apple exported iPhones worth $17.4 billion from India in FY25. Samsung is the second-largest smartphone exporter. India's total smartphone exports surpassed ₹2 lakh crore in FY25, increasing 54% from the year before.

While Apple and Samsung were almost neck to neck in sales value in the Indian market in 2023-24, the iPhone maker widened its lead in FY25 due to a faster pace of growth, regulatory filings of the two companies show.

While Samsung posted India sales of ₹62,084 crore in FY24 compared with Apple's ₹63,297 crore, in FY25, Apple's sales in this market rose to ₹74,680 crore against Samsung's ₹65,253. To be sure, Apple's FY25 revenue in India grew at the slowest pace in six years, but still it was 18% up at ₹79,378 crore, including income from business services provided to other Apple entities.

"Samsung India shows no slowdown, with profit rising and cash and bank balances climbing from ₹17,300 crore in FY24 to nearly ₹27,900 crore in FY25," said Mohit Yadav, founder at market intelligence firm AltInfo. "This scale of increase leaves no doubt that the company is generating cash far faster than it is spending."

Samsung India's smartphone business contributed 74% to its sales, followed by home appliances with an over 10% contribution, the filings show.

The company in the filing said that due to the rapidly changing industry scenario and the need for further strengthening the business operations, it did not pay any dividend in FY25. It paid ₹3,240 crore as royalty to the parent in South Korea. The retained earnings of Samsung India in FY25 were ₹42,199 crore, compared with ₹30,915 crore in FY24.

Market researcher IDC India's data for the smartphone market for the July-September quarter shows Samsung India was at third place with a volume market share of 12.6%, improving marginally from a year earlier. Vivo was the leader with an 18.3% share, followed by Oppo with 13.9%. Apple, in fourth place, had a 10.4% market share.