India surpasses Rs 85000 crore worth mobile phone exports in FY23 worlds second largest mobile phone manufacturer

India has created a new record in the mobile phone export business. In the financial year 2022-23, India has set a record of exporting mobile phones worth Rs 85 thousand crore. This is considered a major achievement of India in manufacturing consumer electronics in the country itself. These figures related to export business have been released by the India Cellular and Electronics Association. It has been said in the report that the steps taken by the Government of India to promote local manufacturing are the result of which the country has been able to reach this point.

In the case of smartphone exports, the figures coming from the industry are said to be satisfactory. IANS’s Report according to, ICEA The figures released by India show that smartphone exports have doubled this year as compared to the previous financial year. Not only this, the report states that due to the focus on local manufacturing, India has become the second largest mobile manufacturer in the world. 97 percent of the smartphones sold in India are manufactured in India. It is being considered as a big achievement of the country.

Currently, the top five markets where India exports mobile phones are UAE, USA, Netherlands, UK and Italy. According to ICEA Chairman Pankaj Mohindro, the smartphone industry will soon achieve a manufacturing output of $40 million. The report also states that by 2027, India would have acquired 45-50% of China’s Apple iPhone manufacturing capacity. By the end of 2022, India’s iPhone manufacturing capacity was pegged at 10-15%.

report states that Apple In December last year, it became the first manufacturer in India to cross $1 billion. iphone Exported from here This in itself is being told a big figure. Apple It has been said that currently it ranges from iPhone 12 iPhone 14 And iPhone 14 Plus Upto models are being made in India.<!–

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