In the last few years, our government has come up with good schemes for raising the export and manufacturing of electronic goods in India. The rise of domestic manufacturing of mobile phones has slowly risen in the last few years, and this is one of the major reasons behind the rising of electronic items export in India.
Total production of electronic goods in value terms more than doubled from $31.2 billion in FY15 to $65.5 billion in FY19, led by mobile phones, shows data from the Reserve Bank of India’s annual report issued on 29 August.
Source: https://www.livemint.com/market/mark-to-market
The schemes that were introduced for enhancing the production of electronic goods in India are a Phased manufacturing program for mobile handsets and related sub-assemblies/components manufacturing, national policy on electronics, etc.
For more information on how the import export business of electronic goods can help business owners in India with more success, call on +91 9211066888
Starting an import export business can be a lucrative venture, and while some industries may…
Wheat is a staple food for billions of people around the world and is one…
Lots of you might have big ambitions for your future. After completing graduation, most students…
Companies importing and exporting goods in India must be aware of the trading regulation. Goods…
Indirect export of the goods in the international market is done through selling products through…
India is the largest agricultural economy, but our global fruit export share is negligible. Exports…