MOBILE PHONE IMPORT (USD BN AND INR CRORE)

IMPORT OF MOBILE PHONE:

In the case of imports, the data shows a decrease from $0.3 billion in FY22-23 to $0.1 billion in FY23-24. This sharp decline of 67% suggests a significant shift in the domestic mobile phone market. The rapid expansion of the local manufacturing ecosystem has played a crucial role in reducing dependency on imports and promoting self-sufficiency.