Mobile Phone Export In Financial Year 2023 Reached To 90 Thousand Crores Almost Double Than 2021


Mobile Export: There was a time when India used to import smartphones but today the country has become so capable that a large number of mobile phones are exported. Last year, India exported smartphones worth about 90 thousand crores, which is double as compared to 2021. Union Minister Ashwini Vaishnav said in a program on Wednesday that India is making rapid progress in terms of smartphone exports and will soon cross the figure of one lakh crore. Samsung and Apple have a major stake in the export of mobile phones.

Most exported phones of this company

The iPhone accounts for almost half of the total share of the most exported mobile phones from India. Pankaj Mahendru, chairman of the industry body India Cellular and Electronics Association, said electronics exports have been growing steadily and have now reached Rs 1,85,000 crore with a growth of 58 per cent, against the government’s target of Rs 75,000 crore. Was. After Apple, the share of Samsung’s smartphone exports is about 40 percent and it is around Rs 36,000 crore.

Chinese companies dominate the domestic market

Chinese companies dominate the Indian market. Especially companies like Xiaomi, Oppo, Vivo Real Me have a market share of about 75 percent. The Government of India is constantly making efforts that these companies not only sell smartphones in India but also export mobile phones from India. However, there is a problem in this that mobile phones are exported to other countries from the head quarter of these companies i.e. China, while the companies located in India do not pay much attention to the export of mobile phones.

Best selling iPhone 13 in India

In the third quarter last year, the iPhone 13 was the best-selling smartphone in India. This is the first time that the iPhone has achieved this position. By the way, only Chinese smartphones are sold in India.

News Reels

Read also: 2 new features in Instagram, the work of creators and brands will be easier, how?



Source link

onlinenews24seven: