IMPORT OF MOBILE PHONES ASA% OF TOTAL MARKET SHARE

Import % –

The provided data represents the percentage of imported mobile phones as a part of the total market in India from 2014-15 to 2022 – 23. A significant downward trend can be observed, suggesting a substantial decrease in the import of mobile phones over this period.

The decline in import reliance can be attributed to the growth of India’s domestic mobile phone production, which has been supported by government incentives and policies like the PLI scheme and the PMP, as mentioned previously. The rapid expansion of the local manufacturing ecosystem has played a crucial role in reducing dependency on imports, promoting self-sufficiency, and contributing to the “Make in India” initiative.

Hence, the data shows a marked decrease in mobile phone imports as a percentage of the total market, emphasizing India’s successful progress towards becoming a global player in the mobile phone manufacturing sector and achieving greater self-reliance in this domain.