Smartphone surge: Exports of electronics pip garments

NEW DELHI:
The export of electronics goods has overtaken readymade garments, a traditional mainstay from India, on the back of a surge in shipment of mobile phones.

Latest data released by the commerce department estimated electronics exports to have shot up over 50% in 2022-23 to $23.6 billion. During the last fiscal year, the export of readymade garments went up just a little over 1% to $16.3 billion.