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ICT Including Services

India’s Mobile Exports Grows Eightfold In 2018-19

Mobile handset exports grew over eightfold to Rs 11,200 crore (€1.4 bn) in 2018-19 and exceeded imports for the first time, Indian Cellular and Electronics Association said. Handset exports during April-July 2019 reached around Rs 7,000 crore (€875 mn), thereby creating grounds to hit annual figure of Rs 25,000 crore (€3.1 bn) in the current fiscal. Total handsets produced in India reached 29 crore units valued at Rs 1.81 lakh crore (€22.6 bn) in 2018-19, from a precariously placed 5.8 crore unit of handsets manufactured in 2014-15.

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