India’s smartphone exports will cross the $1.5 billion mark in 2020 according to the India Mobile Phone Exports Market Scan report by techARC.
The report estimates that the total value of the smartphones exported out of India this year will be over $1.5 billion. This would be over 98 per cent of the total mobile phones exported out of India, the report said.
As per the report, 12.8 million mobile phones were exported from India in total between January to September 2020. Of this, 10.9 million phones were smartphones.
Despite major slowdown between April-June owing to Covid-19, smartphone exports were on track to recovery between the July-September quarter with 4.2 million units exported.
This was possible “due to the restoration of supply chain and logistics as well as the resumption of work in Indian factories,” as per the report.
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