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In recent times, India has laid much emphasis on smartphone exports. In November 2022, Prime Minister Narendra Modi lauded phone exports as they crossed the $5 billion mark. At the 2023 India Mobile Congress, Mr. Modi said “soon the whole world will be using made-in-India phones”. The government credited the Production Linked Incentive scheme for major smartphone companies shifting their suppliers to India. These were in line with the ambitious target set in the National Policy on Electronics 2019, that India will be exporting 600 million mobile phones worth $110 billion by 2025.
With barely a year left for this goal, India’s…