India to cross $10 Billion worth smartphone exports in financial year 2022–23
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Content TeamImage Credit: business standard
Buoyed by attractive government incentives towards local manufacturing, India is all set to reach a remarkable $10 billion (over Rs 82,000 crore) worth smartphone exports in the fiscal year ending March 31, industry data showed on Wednesday. According to the India Cellular and Electronics Association (ICEA), Apple's 'Make in India' smartphone now constitute 50 per cent of total exports.