India Sees Mobile Phone Exports of Up to $9 Bln this Fiscal Year - Minister

Commuters watch videos on their mobile phones as they travel in a suburban train in Mumbai, India, April 2, 2016. REUTERS/Shailesh Andrade
Commuters watch videos on their mobile phones as they travel in a suburban train in Mumbai, India, April 2, 2016. REUTERS/Shailesh Andrade

India Sees Mobile Phone Exports of Up to $9 Bln this Fiscal Year - Minister

India expects its mobile phones exports to rise to 700 billion rupees ($8.50 billion) to 750 billion rupees ($9.11 billion) this fiscal year, a government minister said on Thursday.

The exports will be of "classic and leading brands", including products of companies like Apple Inc made in India, said Rajeev Chandrasekhar, minister of state for electronics and technology.

Exports were $5.8 billion in the last fiscal year that ended on March 31, according to media reports.

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