India’s mobile exports clock ₹1.5 lakh crore in past 10 months

The mobile industry has surpassed ₹1.5 lakh crore in exports during the past 10 months, from April to January, of this financial year. This figure has already surpassed the total mobile exports of ₹1.29 lakh crore seen in the 2023-24 fiscal.

According to the India Cellular and Electronics Association (ICEA), the mobile industry is expected to reach exports of ₹1.8 lakh crore this fiscal, likely positioning mobiles as the most exported item from India.

Mobile exports of ₹1.8 lakh crore would represent a 40% increase from ₹1.29 lakh crore in…