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India's smartphone exports soar to $23.33 billion, driven by Apple's iPhone and government incentives.
India's smartphone exports hit a record Rs 2 lakh crore ($23.33 billion) in the fiscal year 2024-25, marking a 54% increase from the previous year.
This growth is attributed to the government's Production-Linked Incentive (PLI) scheme, which has boosted local manufacturing.
Apple's iPhone exports, accounting for nearly 70% of total exports, played a significant role.
The PLI scheme aims to make India more self-reliant in electronics manufacturing.
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Los teléfonos inteligentes de la India exportan $23,33 mil millones, impulsados por el iPhone de Apple y los incentivos del gobierno.