2014 levels of mobile import dependency would have cost India Rs 14.3 lakh crore ...Middle East

New Delhi: India, which is now the fifth largest export nation for mobile phones as an individual commodity, would have faced a hefty import bill of more than Rs 14.3 lakh crore, had it not achieved self-sufficiency in the last 10 years. Since 2014, the cumulative exports of mobile phones have reached a total estimate of Rs 3,22,048 crore, according to the India Cellular and Electronics Association (ICEA). “In absence of such self-sufficiency, and if India had remained import dependent to the levels it was in 2014, the import bill on account of mobile phone imports alone during the 10-year period would have been Rs 14,34,045 crore,” the ICEA revealed in its latest data. This exponential gro

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