techARC, in its India Mobile Phone Exports Market Scan Report, pegged total exports of smartphones to cross $1.5 billion by value in 2020, with smartphones accounting for over 98% of the total mobile phones exported.
India is expected to export smartphones worth $1.5 billion (over ₹11,113 crore) this year to various countries, including the UAE, the U.S. and Russia, according to a report by research firm techARC.techARC, in its India Mobile Phone Exports Market Scan Report, pegged total exports of smartphones to cross $1.5 billion by value in 2020, with smartphones accounting for over 98% of the total mobile phones exported.“India has been exporting mobiles to destinations like UAE and neighbouring SAARC countries for quite some time. However, the ‘Make in India’ initiative has made India a truly global exporter of mobile phones,” techARC founder Faisal Kawoosa said.
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