India set to reach $10 billion worth smartphone exports in FY22-23; Apple leads at 50%

  • Apple’s “Make in India” smartphones currently account for 50% of all shipments.
    Samsung comes in second with 40% of mobile shipments, while other smartphone manufacturers account for 10% of exports.
  • India’s exports of smartphones have more than doubled since the same time last fiscal year, thanks to PLI programs. India presently exports mobile phones to the UAE, the US, the Netherlands, the UK, and Italy in that order.

 

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