Business

India's monthly mobile phone exports touched $1 bn in September for the 1st time in the Indian history.

By serpways.com

October15, 2022

Due to Shri Ravi Shankar Prasad's make in india initiative in 2018 India have a achieved a record breaking stage of supplying the smartphones to the worldwide users.

According to the data, the estimated value of mobile phone exports increased by more than 200% from Sept 2021 to Sept 2022. Pankaj Mohindroo, chairman of industry trade group (ICEA) 

Roughly 75-80 per cent of India's smartphone exports are made up of global majors like US,Eu,Uk,BD and many more.

The PLI Program was launched fto  reduce the dominating smartphone manufacturers from nations like China and Vietnam. 

By serpways.com

October 15, 2022

With the help of PLI program By 2025–2026, India wants to export mobile phones worth $60 billion.