Mobile phone exports tripled to Rs. 4300 crore

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MUMBAI: Mobile phone exports to India tripled to Rs 200 crore during the April-June quarter, signaling recovery and growth in the segment, the Indian Cellular and Electronics Association (ICEA) said.

According to the association, mobile phone exports stood at Rs 1,200 crore in the same month last year, when the Corona virus epidemic swept the world.

The mobile handset manufacturing industry has continued to grow to fulfill its vision of becoming the world's No. 1 manufacturing destination, the association said. With the support of the government's prudent policy and production leaked incentive (PLI) scheme to continue production even amid the second wave of the Corona epidemic, the industry has made significant progress in production and exports.

The first quarter of the current financial year also saw a sharp increase of 100 per cent year-on-year in exports of electronic goods, surpassing Rs 40,000 crore.

In the first quarter of the current financial year, mobile phone imports fell sharply to Rs. 200 crore for the same period of 2020-21. 3,100 crore. Which is the lowest level after the year 2014-15.

Comments

  1. ikonix TelecomsApril 20, 2022 at 4:47 AM

    That’s really amazing and extraordinary blogs & can help those who get issues in searching this type of information.


    Business Mobile Phones

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