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India’s smartphone exports

Kumari Sonali

India’s smartphone exports:

India’s smartphone exports have reached an all-time high of Rs 1.55 trillion in the April 2024 to January 2025 period, reflecting a 56% surge from Rs 991.2 billion in the same period last year. This growth has been primarily fueled by the Production-Linked Incentive (PLI) scheme, which has strengthened India’s smartphone manufacturing ecosystem and boosted exports. The rise in shipments is being driven by global giants like Apple and Samsung, with Apple leading the way by contributing nearly 70% of the total exports.

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