Current Affairs - Economy - Discussion

India has risen to the 3rd position among the world's largest smartphone exporters, a significant jump from the 23rd rank in 2019. The country achieved a milestone by surpassing ₹20,000 crore in smartphone exports in November 2024 alone. This success aligns with the goals of the production-linked incentive (PLI) scheme, which aims to export 70-75% of the production value during the financial year 2024-25, showcasing India's growing prowess in the global smartphone market.