‘Mobile Phone Export Grows Over 8-Fold'

Shipments exceed imports for the first time, says industry body ICEA.

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Mobile handset exports grew over eight-fold to ₹11,200 crore in 2018-19 and exceeded imports for the first time, industry body ICEA said in a note.

Handset exports during April-July 2019 reached around ₹7,000 crore, thereby creating grounds to hit an annual figure of ₹25,000 crore in the current fiscal, according to the Indian Cellular and Electronics Association (ICEA).