2024-03-13 05:07
India is on track to achieve a significant milestone in mobile phone exports, expected to surpass ₹1.2 trillion by the end of the current financial year. This surge is largely driven by the government's push for major manufacturers like Apple and Samsung to localize their production.
The anticipated export value represents one-third of India's total mobile phone production for the fiscal year 2024, estimated at about ₹4.1 trillion, as reported by the Indian Cellular and Electronics Association.