India’s mobile phone exports log over 3-fold growth in April-June: ICEA

As domestic manufacturing gains momentum, exports of mobile phones witnessed a 250 per cent growth in April-June, compared to the same period of the last fiscal, said the India Cellular and Electronics Association (ICEA).

Mobile phone exports for the first quarter of 2021-22 was valued at Rs 4,600 crore compared to Rs 1,300 crore in 2020-21.

The massive year-on-year growth in exports can also be attributed to the impact of the first wave of Covid-19 and the nation-wide lockdown during the corresponding period last year.

Pankaj Mohindroo, Chairman, ICEA said: “The mobile handset manufacturing industry is continuing its growth juggernaut and its historic journey to meet its objective of becoming the world’s number one manufacturing destination in sync with the Prime Minister’s vision.”