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India's smartphone exports soar 90% to over Rs 20,300 crore in November, led by Apple and Samsung.
India's smartphone exports hit a record high of over Rs 20,300 crore in November 2022, marking a 90% increase from the previous year.
Apple led the surge, followed by Samsung, with the government's production-linked incentive (PLI) scheme playing a key role.
Apple's iPhone production in India reached $10 billion within the first seven months of the fiscal year, with $7 billion in exports.
The smartphone market is expected to grow 7-8% this year, driven by demand for premium, 5G, and AI devices.
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El smartphone de India exporta un 90% a más de Rs 20.300 crore en noviembre, liderado por Apple y Samsung.