India’s smartphone exports have more than doubled, reaching over $11 billion in the fiscal year that ended in March, according to trade data examined by the industry body India Cellular and Electronics Association and government officials, underscoring the South Asian market’s growing ambition to become a global hardware manufacturing hub.
Smartphone exports of $11.2 billion figure surpasses New Delhi’s target of $9-10 billion even as Chinese smartphone makers, who commanded over two-thirds of all local shipment in India just two years ago, contributed little to the exports.
Apple made up almost half of the total exports with an estimated $5 billion to $5.5 billion, as per industry analysts.
Samsung Electronics, the South Korean giant, ranked second with about $4 billion.
Full Link ( Here )
© CopyRights RawNews1st
