Indias mobile phone exports on road to oblivion
Sachin Manawaria | The Dollar Business One of three mobile phones that India imports comes from China While India is planning to make itself a manufacturing hub of electronic goods for the rest of the world, the Indian mobile telephony sector seems to be wading through rough waters. India is among the top three markets for mobile phones. According to estimates by the industry body Indian Cellular Association (ICA), the mobile handset market in India stands at around 250 million units worth around Rs.54,000 crore (about $8.5 billion), with a growth rate of about 11%. However, much of the demand is being met by imports and the export sector is languishing. According to India’s Ministry of Commerce, exports of ...
