Indian Economy News

Smartphone exports top US$ 2 billion in first 2 months of 2023

  • IBEF
  • March 21, 2023

India's mobile phone exports reached US$ 2 billion in the first two months of 2023, led primarily by Apple and Samsung. This brought the country's overall export value to over US$ 9 billion since April 2022.

According to the industry body India Cellular and Electronics Association (ICEA), smartphone exports in the April 2022-February 2023 period have doubled from the corresponding period a year ago, when exports hovered around US$ 4.5 billion.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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