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Home » Mobile phone exports from India cross Rs 45,000 cr in April-Aug
NATION

Mobile phone exports from India cross Rs 45,000 cr in April-Aug

AgencyBy AgencySeptember 28, 2023No Comments
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Mumbai, Sept 28:  In a fillip to ‘Make in India’ initiative, India saw mobile phones exports worth $5.5 billion (over Rs 45,000 crore) in the April-August period in the ongoing fiscal year (FY24), government and industry data showed on Wednesday.
As per the estimates by the Department of Commerce and the India Cellular and Electronics Association (ICEA), the April-August period saw mobile phone exports worth $5.5 billion, against $3 billion (about Rs 25,000 crore) in the same period in FY22-23. According to industry sources, Apple led the India-made phone exports in the April-August period, surpassing more than 50 per cent of the total estimated figure for the first time, followed by Samsung. In the June quarter, Apple shipped nearly 50 per cent of the country’s total 12 million smartphone shipments, as compared to Samsung’s 45 per cent export, sources said.
000 cr in April-Aug Mobile phone exports from India cross Rs 45
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