
India's electronics industry saw a record exports of electronic goods at an estimated Rs 1,85,000 crore in FY22-23A, according to the India Cellular and Electronics Association (ICEA). The exports went up from Rs 1,16,936 crore in FY21-22, marking a whopping 58 percent increase. The growth is led by locally-manufactured mobile phones. The mobile phone exports made history by crossing the $10 billion threshold for the first time in any fiscal year, reaching an estimated $ 11.12 billion (over Rs 90,000 crore) in FY23.
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