India’s smartphone exports are estimated to exceed 1.5 billion U.S. dollars, or roughly Rs. A report by the analysis and research company techARC shows that by 2020, this number will reach 111.04 million. The report also shows that the “Made in India” program has made a huge contribution to the purchase of mobile phones made in India by people in 24 countries. From January to September, India exported a total of 12.8 million mobile phones, of which 10.9 million were smart phones. COVID-19 dropped sharply from April to June.
According to a techARC report, by the end of this year, the Indian smartphone export market is estimated to exceed US$1.5 billion. From January to March, 7.4 million units were exported due to COVID-19 and subsequent lock-in restrictions, which dropped sharply to 1.2 million units between April and June. Then, between July and September, shipments were 4.2 million units. From January to September, a total of 12.8 million mobile phones were exported, of which 10.9 million were smart phones.
Samsung exported 11.6 million units, followed by Xiaomi with 600,000 units. In terms of smartphones, Samsung exported 9.8 million mobile phones, followed by Xiaomi (600,000) and Lava (200,000). Vivo and OnePlus are the top 5 other smartphone exporters. The Samsung Galaxy A51 was found to be the most exported smartphone. Lava is the only brand that exports smartphones to India and is one of the top five exporters.
A total of 21 brands export mobile phones from India, and 17 brands are exporting smartphones. According to the report, India exported more than 4.5 million mobile phones to the UAE, more than 1.3 million to the United States, more than 1.2 million to Russia, 1.09 million to South Africa and 612,963 to Italy.
Faisal Kawoosa, founder and chief analyst of techARC, said that the PLI plan approved for 16 home appliance subsidiaries (including 10 mobile phone manufacturers) will further strengthen India’s position in the global market.
Will Apple Silicon launch an affordable MacBook in India? We discussed this on the weekly technical podcast Orbital, you can subscribe via Apple Podcast, Google Podcast or RSS, download the episode, or click the play button below.
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