Smartphone exports have risen by 50% of iPhone exports

NEW DELHI: India’s mobile phone exports have increased nearly 50% in the first 10 months of this fiscal year, under the leadership of iPhones registration production.
This rise is primarily guided by Apple with a strong motivation, which has made its India factories as a global manufacturing centers of the company, which is parallel to its organizations in China. The iPhone exports in April-Janawa are estimated at Rs 1 lakh crore, and it is estimated to be against Rs 60,000 crore in the same period last year.

Samsung is relatively small, which is estimated to be Rs 34,500 crore in 2024-25.
The Industrial Organization is expected to shut down the export year by establishing a strong production base in India Cellular and Electronics Association (ICEA), with the establishment of a strong production site in the country, with Rs 1.3 lakh crore in the previous fiscal.
“It refers to about 40% growth in the previous fiscal year … and more than 680% growth is estimated Production-incoming incentive (PLI) Notified in FY21 for smartphones. Mobile phone export is the largest growth drive within the electronics company, the US stands as an important market, ”said ICEA president Pankaj Mohindru.
The latest numbers released by the Trade Department shows that in January, the electriconics products were overtaken as the second largest product in India’s export basket. The PLI program not only helped India to increase exports from India but also reduced imports because nearly 99% of domestic demand is provided by local production. . “In view of, production has reached Rs 5.1 lakh crore, which further confirms India’s appearance as a global production power center.”
Mohindru said that this amount was built on the back of government incentives and rapid investments made by the industry. “We will focus on moving forwards, raising competitiveness, expanding the size and strengthening our distribution chain. The next step is to enhance the domestic value additive.
When China continues to dominate the iPhone manufacturer globally, India has been harsh in the last few years, as Foxconn and Tata Group are now increasing production.
The government hopes to further encourage India’s electronics exports as Apple is now planning to expand beyond iPhones. The company, which currently has no plans to create MacBook laptops here, begins the production of airpods in the country.