India sees mobile phone exports of up to $9 bln this fiscal year - minister

Follow us on Google News:
 India sees mobile phone exports of up to $9 bln this fiscal year - minister
Image source: ©2022 Kalkine Media®

NEW DELHI, Dec 8 (Reuters) - India expects its mobile phones exports to rise to 700 billion rupees ($8.50 billion) to 750 billion rupees ($9.11 billion) this fiscal year, a government minister said on Thursday.

The exports will be of "classic and leading brands", including products of companies like Apple Inc made in India, said Rajeev Chandrasekhar, minister of state for electronics and technology.

Exports were $5.8 billion in the last fiscal year that ended on March 31, according to media reports.

($1 = 82.3640 Indian rupees) (Reporting by Sarita Chaganti Singh, writing by Shivam Patel in New Delhi; Editing by Krishna N. Das)


The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Featured Articles