Team Blitz India
NEW DELHI: Mobile phone manufacturing worth $50 billion will take place in India in the current financial year and the total exports from the category will reach $15 billion, IT Minister Ashwini Vaishnaw said.
He further asserted that the country’s overall exports are set to touch $1 trillion very soon. Speaking at a press briefing, the minister said mobile phones have now become the fourth largest export category from India.
“In the next year or two, you will see that mobile phone and electronics exports have reached the top 2 or top 3 positions in the export list,” he said.
India has been logging more than $1 billion in smartphone exports since October 2022.
