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.
“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.
Way to go! Thanks to the PLI scheme, India exceeded her CR export value of INR 50,000 between her April 2022 and her November 2022. This is a 110% increase compared to the same pd last year. The main contributors are his three Apple makers: Foxconn, Pegatron, Wistron and Samsung. 40% of smartphones exported from India are iPhones. — Amitabh Kant (@amitabhk87) December 22, 2022
On Tuesday, the government approved two companies, Foxconn India and Padget Electronics, for mobile manufacturing incentives under the Production Linked Incentives (PLI) scheme.