Smartphone PLI scheme rings in record electronics exports, shows data

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Smartphone PLI scheme rings in record electronics exports, shows data - Business Standard

Quick Summary:

This is a 24 per cent growth over the $15.4 billion export figure for the sector during the same period in the last financial year, according to the latest government data.

The momentum in electronics exports has been built due to the big push in exports through the smartphone production-linked incentive scheme.

It is not only increasing its position in India’s top five exports but also narrowing the gap between electronics goods and second-ranked petroleum exports.