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Mahendra Lochhab

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India’s smartphone exports soared above $15 billion in 2023-24, from $11 billion a year prior : government

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India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.

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In 2023, India's IT sector exports reached $193 billion, with software and services accounting for $126 billion. This is almost double the $108 billion in 2016.

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🚨 Mobile phone exports in FY2023-24. China 🇨🇳 - $132.5 billion(2.78%⬇️) Vietnam 🇻🇳 - $26.27 billion (17.6%⬇️) India 🇮🇳 - $15.6 billion (40% ⬆️)

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According to the International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker, India’s smartphone market shipped 146 million smartphones in 2023.

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WHERE THE WORLD'S SMARTPHONES ARE MADE? Share of global smartphone production by region. A growing percentage is gradually shifting from China to India. 2016 2022 2023 CHINA 74% 65% 63% INDIA

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