Mobile phone export jumps over 3-fold to Rs 4,300 cr in Jun quarter: ICEA
India’s mobile phone exports jumped over three-folds to Rs 4,300 crore during the April-June 2021 quarter, showing signs of recovery and growth in the segment, the India Cellular and Electronics Association (ICEA) said ob Tuesday.
Mobile phones’ exports had stood at around Rs 1,300 crore in the corresponding period a year ago, when the COVID-19 pandemic hit the globe, according to the ICEA.
“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 (Narendra Modi) vision,” ICEA Chairman Pankaj Mohindroo said in a statement.