According to the India Cellular and Electronics Association (ICEA), India exported handsets worth Rs 46 billion during the first quarter (April to June) of 2021, growing by 250 per cent, amid the second wave of Covid-19.
Further, it added that during 2020-21, India exported mobile phones worth Rs 13 billion. Despite the second wave of COVID-19 pandemic, the government’s policy to continue the manufacturing and backed by the production linked incentive scheme (PLI) scheme, the industry has made significant progress in manufacturing and export.
At the same time, electronic goods export also grew strongly at 100 per cent year-over-year in Q121, worth more than Rs 200 billion. There is a sharp decline in the imports of mobile phones to a minuscule Rs 6 billion during the first quarter of 2021-22 which was Rs 31 billion for the similar period in 2020-21. This is at an all-time low since 2014-15.