40 % of India’s mobiles export in 2022-23 are iPhones: Amitabh Kant

New Delhi: So far, about 40% of India’s mobile exports in 2022-2023 will be iPhones. “Very good! Thanks to the PLI scheme, India has exceeded the export value of Rs 50,000 CR from April to November 2022, an increase of 110% compared to the same amount. Key contributors are Foxconn, Pegatron & Wistron & Samsung are the three Apple makers.

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“iPhones account for 40% of the smartphones exported from India,” said the former CEO of Niti Aayog Amitabh Kant, who is also a G20 Sherpa, in a tweet. As part of the AtmaNirbhar scheme, the government has set out to make Indian manufacturers globally competitive, attract investment, boost exports, integrate India into global supply chains and reduce reliance on imports. , launched the Production Linked Incentive (PLI) scheme in 14 sectors.

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On Tuesday, the government approved two companies, Foxconn India and Padget Electronics, for mobile manufacturing incentives under the Production Linked Incentives (PLI) scheme.