Mobile phones - Latest News Update, Information, Photos & Videos on Mobile phones at Lokmat Times

New Delhi, Jan 28 India's electronic goods exports registered a growth of 49 per cent at $11.0 billion in April-December 2021 compared to $7.4 billion during the same period in 2020, Ministry of Commerce & Industry has said in a statement.The top five export destinations in April-November 2021 are - USA (18 per cent), UAE (16.6 per cent), China (7.6 per cent), Netherlands (4.5 per cent) and Germany (4.2 per cent).Meanwhile, the electronic goods exports in December 2021 touched $1.67 billion, registering a growth of 33.99 per cent, over $1.25 billion logged in December 2020.The overall electronic goods exports FY21 were $11.11 billion."With $11.0 billion exports achieved in the first three quarters of FY22, the sector is set to break all-time record highs, far exceeding the previous high of $11.7 billion recorded in FY 20," the ministry added.The electronic goods sector includes IT hardware (laptops, tablets), consumer electronics (TV and audio), industrial electronics, auto electronics, electronic components, LED lighting, wearables and hearables, and Telecom equipments among others. Mobile Phones constitute a major chunk of India's electronics goods exports.The Ministry of Electronics and Information Technology (MeitY) recently released the second volume of a 5-year road map and vision document for the electronics sector; the first volume was released in November 2021.The document lays the road map to "transform India into a $300 billion electronics manufacturing powerhouse over the next 5 years, from the current US$75 billion. This will make electronics goods among India's 2-3 top ranking exports by 2026".As per the vision document, the electronics goods exports are expected to increase from the projected $15 billion in 2021-22 to $120 billion by 2026.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Mobile PhonesFOLLOW

Mobile phones, Latest News

National :Delhi Police bust gang of online fraudsters involved in hawala transactions

New Delhi [India], April 18 : Delhi police busted an international gang allegedly involved in withdrawing money from various ... ...

Technology :Global foldable phones market to hit 48 mn units at worth $42 bn

New Delhi, March 30 The worldwide shipments for foldable phones are expected to reach 48.1 million units with ... ...

Maharashtra :Maharashtra: Yavatmal village bans mobile phones for children below 18 years

A village in Yavatmal in Maharashtra has banned the use of mobile phones by children below the age of ... ...

International :Electronic goods exports up by 49% on-year in April-Dec 2021

New Delhi, Jan 28 India's electronic goods exports registered a growth of 49 per cent at $11.0 billion ... ...