![India’s Smartphone Exports Surge by 42% in FY24, Driven by PLI Scheme India smartphone export growth](https://edunovations.com/currentaffairs/wp-content/uploads/2024/05/India-smartphone-export-growth-2-600x400.jpg)
India’s Smartphone Exports Surge by 42% in FY24, Driven by PLI Scheme
Smartphones Become India’s Fourth Largest Export Item with 42% Growth Introduction India has achieved a significant milestone by making smartphones its fourth-largest export item, with an impressive 42% growth in the fiscal year 2023-24. This surge underscores the country’s evolving position in the global technology market. Significant Growth in Smartphone Exports In FY24, smartphone exports…