How do Smartphone Exports Demonstrate the Incentive Programs Work in India?
                     HOW DO SMARTPHONE EXPORTS 
DEMONSTRATE THE INCENTIVE 
PROGRAMS WORK IN INDIA?
Smartphone Exports from India
In the first two months of 2023, smartphone exports from India crossed 
the US$2 billion mark, concerning strong government support and the 
growth of a local industrial ecosystem. Major technology companies, 
covering Apple and Samsung, have played a significant role in 
boosting these mobile exports through their contract manufacturers in 
India.
The overall export value of India's smartphone exports exceeded US$9 
billion between April 2022 and February 2023, according to, India 
export import data from the India Cellular and Electronics Association 
(ICEA), as reported by The Economic Times. This figure is nearly 
double that of the previous year's similar time. Since September 2022, 
India's smartphone manufacturers have exported handsets worth 
approximately $1 billion each month.
Smartphone exports from India under Make in 
India campaign
Smartphone exports from India refer to the shipment of mobile devices 
manufactured within the country to international markets. The Indian 
government has been promoting smartphone manufacturing in the 
country since 2014 under the 'Make in India' campaign. 
In 2019, the government announced a new scheme called the 
Production-Linked Incentive (PLI) scheme, which aimed to incentivize 
local manufacturers to produce high-end mobile devices in India. Under 
this scheme, the government offers financial incentives to 
manufacturers for producing smartphones with a manufacturing value 
addition (MVA) of over 20% in India. Get export import data
Advantages of Smartphone Exports and 
Incentive Programs in India
Smartphone exports from India offer several advantages, both to the 
domestic economy and the global market. For the Indian economy, it 
provides an opportunity to boost domestic manufacturing and create 
employment opportunities. The smartphone industry has the potential 
to generate up to 2 million jobs in the country, according to a report by 
Deloitte. Additionally, smartphone exports can help reduce the trade 
deficit, which is a major concern for the Indian government.
On the global front, smartphone exports from India provide a reliable 
alternative to Chinese manufacturers, who currently dominate the 
global market. It also offers a diversification of the supply chain, 
reducing the risk of disruption caused by geopolitical tensions or 
pandemics. Incentive programs such as the PLI scheme provide a 
further boost to the industry by reducing the cost of production and 
improving the quality of the devices manufactured.
Current Market Statistics for Smartphone 
Exports
India's smartphone exports have been steadily increasing over the 
past few years. According to India export import data from the 
Ministry of Commerce and Industry, smartphone exports from India 
grew by 132.2% in 2020-21 compared to the previous year. The 
country exported smartphones worth $2.7 billion in the fiscal year 
2020-21, up from $1.2 billion in the previous year. The majority of 
these exports were to countries such as the UAE, the US, and the 
UK.
Several Indian companies have also emerged as major players in the 
global smartphone market. Xiaomi, a Chinese smartphone 
manufacturer, has established a significant presence in India and 
currently holds the top spot in the country's smartphone market 
share. Other Indian companies such as Micromax and Lava have 
also been expanding their presence in the global market. Also know 
about US Import Data.
Conclusion
The rise in smartphone exports from India is a testament to the 
effectiveness of these incentive programs and the country's potential to 
become a global manufacturing hub. If you require the export import 
data for smartphones or other technology, Seair Exim Solutions is the 
foremost website to analyze the India import export data, HS Code, 
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