India’s Mobile Phones Exports To Rise To $8.5 Billion This Year: Minister

Exports were $5.8 billion in the last fiscal year that ended on March 31, media reports said.(File)

New Delhi:

India expects its mobile phones exports to rise to 700 billion rupees ($8.50 billion) to 750 billion rupees ($9.11 billion) this fiscal year, a government minister said today.

The exports will be of “classic and leading brands”, including products of companies like Apple Inc made in India, said Rajeev Chandrasekhar, minister of state for electronics and technology.

Exports were $5.8 billion in the last fiscal year that ended on March 31, according to media reports.

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