India's mobile phone output reportedly reaches ₹6.27 lakh crore
The Economic Times reports that Communications Minister Jyotiraditya Scindia said India's mobile manufacturing ecosystem grew from two companies to 300 in 12 years.
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The Economic Times reports that Scindia said India now produces ₹6.27 lakh crore worth of mobile phones, up from about ₹20,000 crore when 95% of phones used in the country were imported. Speaking at the Kautilya Economic Conclave, he also said India's mobile manufacturing ecosystem had grown from two companies to 300 over 12 years and its domestically designed and manufactured 4G technology had been deployed across 1 lakh towers.
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