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Mobile phone exports from India will increase by 75 per cent from 316 billion in 202021 to over 55 billion in the current fiscal a report said on Thursday
The primary driver of this outstanding performance is the smartphone PLI Scheme launched on April 1, 2020, aimed at shifting GVCs to India and increasing India's share in global exports.
According to the industry body India Cellular and Electronics Association, exports of mobile phones from India are expected to cross Rs 43,500 crore during the current financial year ending March 31, 2022.
ICEA said exports of mobile phones from India have already jumped about 75 per cent in one year to USD 5.5 billion early this month from USD 3.16 billion at the end of 2020-21, , mobile phone, exports, financial year, ICEA
Mobile phone exports from India will increase by 75 per cent from $3.16 billion in 2020-21 to over $5.5 billion in the current fiscal, a report said on Thursday.The primary driver of this outstanding performance is the smartphone PLI Scheme ...