New Delhi, Sep 24
Smartphone exports from India grew strongly in August, rising 39 per cent to about $1.53 billion compared to $1.09 billion in August 2024, according to new data from the India Cellular & Electronics Association (ICEA) on Wednesday.
Responding to commentary that suggested a fall in exports, ICEA said such conclusions were based on selective monthly comparisons without considering sector-specific nuances.
“Oversimplification of trade data -- and worse, inferences based on monthly comparisons -- is misleading and avoidable. It’s important that subject matter experts are consulted before drawing sector-specific conclusions,” said Pankaj Mohindroo, Chairman of ICEA.
Since the launch of the Production-Linked Incentive (PLI) scheme, smartphones have risen from being India’s 167th ranked export in FY15 to the country’s largest export category by FY25