Chinese mobile phones imports drop by 55%

India marches towards a Self-reliant nation !

New Delhi – As per the vision of ‘Self-reliant India’ of Indian Prime Minister Narendra Modi, India is marching towards it. In 2020-21, China contributed 16.5% of the entire imports. It further dropped to 15.4% during 2021-22.

Made in India smartphone have seen a 7 percent YoY growth in Q1 2022 and feature phones has declined by 41 percent Say report – Tech news hindi https://t.co/3kIbQQWb4F

— HuntdailyNews (@HUNTDAILYNEWS1) June 18, 2022

Although it is a tiny drop compared to overall imports, mobile phone imports have plunged by a whopping 55%. In 2020-21, mobile phones worth USD 14 billion were imported. This dropped to USD 6.25 Billion in 2021-22.