In the fiscal year 2022-23, smartphone exports surged to US$ 10.95 billion, indicating India's growing prowess in electronics manufacturing....

Despite global market being vulnerable, India's smartphone segment has performed fairly well in 2022 and is projected to continue in an upward growth in 2023. ...

While the ramp up of FDI is critical for the technology-intensive cellphone industry, it should also lead to a rise in domestic capability along with the build up of a strong component ecosystem. ...