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<\/span><\/figcaption><\/figure>NEW DELHI: Mobile exports from India<\/a> will surge by 75% year-on-year to $5.5 billion (by value) in FY 2021-2022, driven by the production linked incentive (PLI) scheme for manufacturing of handsets locally, the India Cellular & Electronics Association<\/a> (ICEA<\/a>) said on Thursday.

“Mobile phone exports<\/a> from India will increase by 75% from $US 3.16 billion in 2020-21 to over $US 5.5 billion in the current fiscal,” the handset industry body said, attributing this growth to the aforementioned scheme which is aimed at shifting global value chains (GVCs) to India and increasing India’s share in global exports.

“This impressive performance comes in the backdrop of three devastating Covid waves, loss of workforce, lockdowns and the worst ever crisis on the supply chain, including acute scarcity of chips and semiconductors,” ICEA said.

ICEA represents companies Apple<\/a>, Lava, Micromax, Xiaomi<\/a>, among others.

\"Government led with its vision and trust in the mobile industry. The industry, in turn, has redefined Atmanirbhar Bharat as Make in India for the World,” said Pankaj Mohindroo, Chairman of ICEA.

ICEA revealed that apart from the jump in exports on a year-on-year basis, India is now exporting mobile handsets to “some of the most competitive and advanced markets in Europe and developed Asia”.

\"Mindset<\/a><\/figure>

Mindset of revenue authorities continues to be unfriendly at times: ICEA chairman<\/a><\/h2>

\"The mindset of revenue authorities continues to be shrill and very unfriendly at times. If India has to be a great nation then there has to be trust and deep patriotism. That is required in each and every person.\"<\/p><\/div>

\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: Mobile exports from India<\/a> will surge by 75% year-on-year to $5.5 billion (by value) in FY 2021-2022, driven by the production linked incentive (PLI) scheme for manufacturing of handsets locally, the India Cellular & Electronics Association<\/a> (ICEA<\/a>) said on Thursday.

“Mobile phone exports<\/a> from India will increase by 75% from $US 3.16 billion in 2020-21 to over $US 5.5 billion in the current fiscal,” the handset industry body said, attributing this growth to the aforementioned scheme which is aimed at shifting global value chains (GVCs) to India and increasing India’s share in global exports.

“This impressive performance comes in the backdrop of three devastating Covid waves, loss of workforce, lockdowns and the worst ever crisis on the supply chain, including acute scarcity of chips and semiconductors,” ICEA said.

ICEA represents companies Apple<\/a>, Lava, Micromax, Xiaomi<\/a>, among others.

\"Government led with its vision and trust in the mobile industry. The industry, in turn, has redefined Atmanirbhar Bharat as Make in India for the World,” said Pankaj Mohindroo, Chairman of ICEA.

ICEA revealed that apart from the jump in exports on a year-on-year basis, India is now exporting mobile handsets to “some of the most competitive and advanced markets in Europe and developed Asia”.

\"Mindset<\/a><\/figure>

Mindset of revenue authorities continues to be unfriendly at times: ICEA chairman<\/a><\/h2>

\"The mindset of revenue authorities continues to be shrill and very unfriendly at times. If India has to be a great nation then there has to be trust and deep patriotism. That is required in each and every person.\"<\/p><\/div>