iPhones drive mobile exports to record high

Mobile phone exports from India continue to grow at a rapid pace. Led by iPhones, mobile phone exports for the first four months of the current fiscal – April-July – have touched $6.49 billion, a jump of 39% over the same period last fiscal.

Phone exports also saw an increase of 159% over FY23, showing a steady growth in mobile exports after the announcement of the smartphone PLI scheme.