Samsung becomes first smartphone company to achieve $10 billion revenue in India

07:00:00 PM, Monday 2nd of December 2019 | in business

Samsung India has become the first smartphone and consumer electronics company to achieve $10 billion in revenues in the country. According to the latest regulatory filings made to Registrar of Companies (RoC) by the company, the South Korean technology giant reported a revenue of Rs 73,086 crore in 2018-19. Samsung India posted a 20 percent jump in revenue in FY 19, doubling its growth rate of 10 percent achieved during FY 18