#import export data

[seairexim]

The Surge of Mobile Exports from India in 2024

In recent years, India has emerged as a formidable player in the global electronics landscape, particularly in the realm of mobile exports. As of 2024, the Indian mobile export industry is witnessing significant growth, driven by favorable government policies, foreign direct investment, and a burgeoning domestic market. This article explores the current state of mobile export from India, the key players involved, and the implications for the global smartphone market.

Overview of Mobile Exports from India

The mobile export from India has seen a meteoric rise, with projections indicating that exports could exceed $12 billion in value by the end of 2024. This impressive growth can be attributed to several factors, including the government’s "Make in India" initiative and the Production Linked Incentive (PLI) scheme, both designed to bolster domestic manufacturing and attract international investments.

Growth Drivers

Several factors are propelling the growth of mobile exports in India:

1. Government Initiatives

The Indian government has introduced various programs to promote local manufacturing, such as tax breaks, subsidies, and the establishment of electronics manufacturing clusters. These initiatives aim to attract both domestic and foreign manufacturers to set up production facilities in India, which has proven effective in enhancing the mobile export sector.

2. Investment in Infrastructure

Investment in infrastructure has also played a critical role in boosting mobile exports. Improved logistics, reliable power supply, and streamlined regulatory processes make India an attractive destination for mobile manufacturers. This investment is crucial for facilitating large-scale production and ensuring timely exports.

3. Technological Advancements

The rapid advancement of technology has enabled Indian manufacturers to produce high-quality smartphones that meet global standards. Companies are increasingly investing in research and development to innovate and improve their product offerings, further enhancing their competitiveness in the international market.

4. Skilled Workforce

India’s vast pool of skilled labor is another significant factor driving mobile exports. The country boasts a workforce proficient in electronics manufacturing and engineering, enabling companies to maintain high production standards and innovate effectively. This skilled labor force is essential for both domestic and foreign companies seeking to enhance their manufacturing capabilities in India.

Key Mobile Exporters in India

Several major players dominate the mobile export landscape in India, Leading mobile exporter in India are:

1. Apple Inc.

Apple has been a trailblazer in the Indian mobile export sector, establishing manufacturing facilities through its contract manufacturers like Foxconn and Wistron. The production of iPhones in India has not only bolstered local employment but has also significantly contributed to India’s mobile export data.

2. Samsung Electronics

Samsung operates one of the largest smartphone manufacturing plants in Noida, where it produces a wide range of devices, from budget models to flagship smartphones. The company has ramped up its export operations, making it a critical player in the Indian mobile export market.

3. Xiaomi

Xiaomi has rapidly gained a significant market share in India, thanks to its affordable smartphones. The company has invested heavily in local manufacturing, exporting a considerable volume of devices to countries across Southeast Asia and Africa.

4. Vivo and Oppo

Both Vivo and Oppo, Chinese smartphone manufacturers, have established substantial production facilities in India. They focus on catering to the growing demand for mid-range smartphones, further enhancing India’s export capabilities.

5. Lava International

As a homegrown brand, Lava International has also made strides in mobile exports. The company primarily targets budget-conscious markets, exporting feature phones and affordable smartphones to various countries.

Analyzing Mobile Export Data

The mobile export data for 2024 indicates robust growth, with significant exports to key markets including:

1. North America

India has become an essential supplier of smartphones to North America, with Apple’s production in India catering to a large portion of the U.S. market. This trend is expected to continue as more brands establish manufacturing operations in India.

2. European Union

Countries in the EU, particularly Germany and the UK, have seen increased imports of Indian-manufactured smartphones. Samsung and Xiaomi lead this charge, exporting a diverse range of devices to meet consumer demand.

3. Southeast Asia

Indian smartphone manufacturers are tapping into the growing demand in Southeast Asian countries like Indonesia, Vietnam, and Thailand. Competitive pricing and quality have made Indian smartphones increasingly popular in these regions.

4. Middle East and Africa

The demand for affordable smartphones in the Middle East and Africa has surged, making these regions vital markets for Indian manufacturers. Brands like Lava and Xiaomi are successfully exporting budget-friendly smartphones, addressing the needs of price-sensitive consumers.

Understanding Mobile Phone HS Code

The Harmonized System (HS) code plays a crucial role in facilitating international trade. The mobile phone hs code is 8517.12, which covers smartphones capable of connecting to cellular networks. Accurate classification using the HS code is essential for mobile exporters in India to ensure compliance with customs regulations and to expedite the export process.

Conclusion

The mobile export landscape in India is poised for significant growth in 2024, with the country solidifying its position as a key player in the global smartphone market. Supported by government initiatives, foreign investments, and a skilled workforce, India is well-equipped to meet the growing demand for mobile devices worldwide.

As Indian manufacturers continue to innovate and expand their production capabilities, the outlook for mobile exports remains positive. By leveraging its strengths and addressing challenges, India can capitalize on its position in the global supply chain, ensuring sustainable growth and economic benefits for years to come. The future of mobile exports from India is bright, and the country is set to make its mark on the international stage. However if you need the list of smartphone exports by country, mobile phone HS code or global trade data connect with import and export data provider platforms like Seair Exim solutions.

Post By:

Seair Exim Solutions

Phone No.: 099900 20716

Address: B1/E3 Mohan Cooperative Industrial Estate Near Mohan Estate Metro Station Opposite Metro Pillar No:-336, NH-19, New Delhi, Delhi 110044

Also Read : A Comprehensive Guide to Garment Exports from India in 2024

[duplexpaperboard]

Duplex Board Paper Manufacturer

Duplex paper board, also known as duplex board, is a type of paperboard or cardboard that is widely used for packaging and printing purposes. It is made by combining two layers of paper, typically made from recycled fibers, with a layer of adhesive in between. This results in a material that is strong, durable, and versatile, making it suitable for a wide range of applications.

In India, the manufacture of duplex paper board has been growing steadily in recent years. The country has seen an increase in demand for packaging materials due to the booming e-commerce industry, as well as the growth of various other industries such as food and beverage, pharmaceuticals, and consumer goods. This has led to a greater need for high-quality packaging materials, including duplex paper board.

One of the key advantages of duplex paper board is its strength and rigidity, which makes it ideal for packaging heavy or fragile items. It also provides a smooth and consistent surface for printing, making it suitable for a wide range of printing and graphic applications. Additionally, duplex paper board is often coated to improve its surface properties, such as smoothness and gloss, further enhancing its suitability for printing and packaging.

The manufacture of duplex paper board in India involves several key processes, including pulping, refining, blending, and coating. The raw materials used in the production of duplex paper board are typically sourced from recycled paper and cardboard, making it an environmentally friendly choice. The manufacturing process also involves the use of advanced machinery and technology to ensure the consistent quality of the final product.

In recent years, the Indian government has also been promoting the use of eco-friendly and sustainable packaging materials, which has further contributed to the growth of the duplex paper board industry in the country. This has led to an increased focus on using renewable resources and reducing the environmental impact of packaging materials, making duplex paper board an attractive option for businesses looking to align with these sustainability goals.

With its strength, versatility, and environmental benefits, duplex paper board is well-positioned to continue being a key player in the packaging and printing industry in India. As the market continues to evolve, it is expected that the manufacture of duplex paper board will continue to thrive and contribute to the country's growing economy.

[exportimportdataa]

Explore global trade insights with ExportImportData.in. Discover top imports and exports from Sri Lanka, India’s chilli and spices export trends, Singapore’s main imports, Mexico’s trade partners, and more. Access HS codes, market analytics, and exporter lists for smarter trading decisions.

[vanesight]

Top Spice Exporters in India with Vanesight Import Export Data Provider

Discover India’s leading spice exporters, top-selling products (chili, turmeric), and major importers (USA, UAE). See how global import export data providers optimize supply chains for exporters. Gain a competitive edge with accurate import export data that reveals global trade trends, market demand, and competitor activities. Our comprehensive database covers shipment details, tariffs, and trade volumes across industries. - https://vanesight.com/blog/indias-spice-export-import-trade-export-growth-challenges-opportunities/

[globaleximdata]

Global Import Export Trade Data Provider

Gain insights into global trade flows with verified customs data. Track shipments, identify suppliers or buyers, and stay ahead of market changes using accurate, reliable trade intelligence tools.

Visit here more info- https://vanesight.com/blog/how-to-find-buyers-for-export-from-india-top-import-export-companies/

[globaltradedata]

Explore Global Trade with Real-Time Data Access

Access up-to-date import-export data from 100+ countries. Discover new markets, monitor competitors, and analyze global trade trends with our advanced platform designed for smarter business decisions. Visit here more information- https://vanesight.com/blog/how-to-find-buyers-for-export-from-india-top-import-export-companies/

[dataverseeincnew]

The Indian Textile Industry: A Look at Top Companies and Trade Trends

India’s textile industry is one of the oldest and most important sectors in the country. It’s not just a major contributor to the economy but also a huge source of employment, providing jobs to millions of people. From traditional handlooms to modern factories, India produces a wide variety of fabrics that are loved both locally and globally. In this blog, we’ll take a closer look at some of the top textile companies in India and explore the latest trends in imports and exports.

Why the Indian Textile Industry Matters

The textile industry is a big deal for India. It contributes about 2.3% to the country’s GDP and employs over 45 million people. India is the world’s second-largest exporter of textiles and apparel, known for its high-quality cotton, silk, and synthetic fabrics. The industry is divided into two main parts:

Organized Sector: Large factories and mills that produce textiles on a big scale.

Unorganized Sector: Small-scale weavers, artisans, and power looms that create unique, handmade products.

Top Textile Companies in India

India is home to some of the biggest names in the global textile market. Here are a few leading companies that are making waves:

Arvind Limited

Arvind is famous for its denim and fabrics. It supplies materials to global brands like Levi’s, Tommy Hilfiger, and Calvin Klein.

The company is also a pioneer in sustainable textiles, focusing on eco-friendly production methods.

Raymond Group

Raymond is a household name in India, known for its premium suiting and shirting fabrics.

With a strong retail presence and exports to over 55 countries, Raymond is a leader in the textile space.

Welspun India

Welspun is a global leader in home textiles like towels, bedsheets, and rugs.

It’s one of the largest suppliers of home textiles to the US and Europe, known for its high-quality products.

Vardhman Textiles

Vardhman is one of India’s largest integrated textile manufacturers, producing yarn, fabric, and acrylic fiber.

The company is a major player in the export of cotton yarn and fabrics.

Bombay Dyeing

A well-known name in India, Bombay Dyeing specializes in bed linens, towels, and fabrics.

The company has a rich history and a loyal customer base.

Grasim Industries

Part of the Aditya Birla Group, Grasim is a leader in viscose staple fiber (VSF), which is used in textiles, apparel, and home furnishings.

The company is a global supplier of VSF and has a strong export presence.

Import-Export Trends in the Textile Industry

India’s textile industry relies heavily on international trade. Let’s break down the latest global import-export data to understand how the industry is performing globally.

Exports

In the financial year 2022-23, India’s textile and apparel exports reached $44.4 billion, showing strong growth after the pandemic.

The US and EU are the biggest markets, accounting for more than half of India’s textile exports.

Key export products include:

Cotton yarn and fabrics

Ready-made garments

Home textiles (like towels and bedsheets)

Man-made fibers

Imports

India imports textiles worth around $6-7 billion annually, mostly raw materials like synthetic fibers, specialty fabrics, and machinery.

Major import partners include China, Vietnam, and Bangladesh.

The reliance on imports for synthetic fibers is a challenge, as it increases production costs.

Emerging Trends

Sustainability: There’s a growing demand for eco-friendly textiles, and Indian companies are stepping up with sustainable practices.

Free Trade Agreements (FTAs): India is negotiating FTAs with countries like the UK, EU, and Australia to boost textile exports.

Technical Textiles: This segment, which includes textiles used in healthcare, automotive, and construction, is growing rapidly.

Challenges and Opportunities

Like any industry, the textile sector faces its share of challenges:

Competition: Countries like Bangladesh and Vietnam offer cheaper labor, making them tough competitors.

Infrastructure Issues: Poor logistics and outdated machinery can slow down growth.

Dependence on Imports: India relies on imports for synthetic fibers, which can be costly.

But there are also plenty of opportunities:

Government Support: Schemes like the Production Linked Incentive (PLI) and Mega Investment Textiles Parks (MITRA) are boosting the industry.

Digital Transformation: Technologies like AI and blockchain are helping companies streamline operations.

Growing Domestic Market: Rising incomes and urbanization are increasing demand for premium textiles in India.

What’s Next for the Indian Textile Industry?

The future of the Indian textile industry looks bright. With top companies leading the way and a strong focus on exports, India is well-positioned to become a global textile hub. The industry is also embracing innovation and sustainability, which will help it stay competitive in the long run.

For businesses, staying updated on import-export trends and market changes will be key to success. Whether you’re a manufacturer, exporter, or investor, the Indian textile industry offers plenty of opportunities to grow and thrive.

Final Thoughts The Indian textile industry is a vibrant and dynamic sector that continues to play a crucial role in the global market. With top companies setting high standards and a strong trade framework, the industry is on a path of steady growth. By addressing challenges and leveraging opportunities, India can strengthen its position as a global leader in textiles.

Get started today! Connect with us to see how our services can boost your exports.

[tradeimexx]

Get the latest insights on Russia exports with accurate Russia import export data. Access Russia importers data and Russia exporters data to track top Russia exports and analyze global trade data for smarter business decisions.

[tradeimexx1]

This article provides an in-depth analysis of Russia exports, its key trade partners, and how global market trends are influencing its economy.

[importexportdata]

Impact of China’s Electronics Exports on Global Trade

In 2024, China’s foreign trade hit a record 43.85 trillion yuan. Key products like smartphones, computers, and semiconductors are exported to the US, EU, Japan, India, and Southeast Asia. India relies heavily on Chinese electronics, importing over $44 billion in 2023, while India-US trade focuses on high-tech collaboration and semiconductors, highlighting China’s pivotal role in global export-import trade data.

Why is India heavily dependent on China for electronics?

India relies on China for affordable and high-volume electronics imports, including semiconductors and consumer electronics, due to China’s established manufacturing ecosystem.

visit here more info- https://vanesight.com/blog/impact-of-chinas-electronics-exports-on-global-trade/

[dataverseeinc]

DataVersee Inc. offers comprehensive global export-import trade data to empower businesses, researchers, and policymakers with critical market insights. Our platform provides detailed information on trade volumes, partner countries, commodity categories, and shipping routes across various industries. With real-time updates and verified data from trusted international sources, users can track global trade flows, identify opportunities, and mitigate risks. DataVersee’s intuitive tools and advanced analytics simplify complex trade analysis, helping you stay ahead of market trends. Explore global trade intelligence like never before with DataVersee Inc. – your gateway to smarter decision-making in a rapidly evolving trade landscape.

[seairexim]

Vietnam’s thriving export sector cements its global trade role. Businesses use Vietnam trade data in 2024-2025 to analyze trends, optimize supply chains, and seize opportunities.

[nimratkaur22-blog]

10 Must-Have Documents For Exporting Like A Pro

Unlock the essential documents required for export from India for a smooth, hassle-free journey.

Expanding into international markets is an exciting milestone for any business, but it all starts with one major step: getting your export documents in shape. Whether you’re a fresh entrant or a seasoned veteran testing the foreign trade waters, having the right documents can either make or break your business. Feeling overwhelmed about where to start? Don’t worry. We’ve got your back with an all-in-one guide to walk you through the must-have documents required for export from India. Let’s dive in and get started! 

Why Is Export Documentation Critical? 

Picture this: you've got the finest products for markets across the globe and are ready to ship them out, only to have them stuck at customs due to incomplete paperwork. That's indeed a splitting headache for many exporters, which makes getting your documents in order quite essential. 

In fact, export documents aren't just about bureaucracy; they're the backbone of international trade to ensure smooth transit beyond borders, timely payments, and regulatory compliance. 

The Must-Have Documents For Export From India 

To help you navigate the export documents maze, we’ve chalked down a list of the mandatory documents required for export from India. From an import export license to the registration of your import export company, we’ve covered it all! 

Import Export Code 

The first step to entering the export world is getting an IEC certificate or an import-export code. In its simplest sense, an Import Export Code is a 10-digit code that is issued by the Directorate General of Foreign Trade for any individual or business looking to export or import goods. 

Think of it as a global trade ID in the international market for businesses of all types and sizes. With an IEC certificate, you can avail yourself of customs clearance, remittances, cross-border trade, and other export-related formalities smoothly.

Commercial Invoice 

The next addition to your documents required for export from India is a commercial invoice. While the title may suggest, a commercial invoice goes beyond being a mere receipt. In fact, it’s a document that legally binds the terms and conditions for sale between an exporter and a buyer. 

Plus, it lists out the terms of payment, the quantity of goods, the unit price, and the total cost of goods. This way, customs officials can determine and assess the taxes and duties to avoid any shipping discrepancies. 

Packing List 

Apart from the aforementioned documents required for export from India, exporters also need a copy of their packing list. In its basic sense, the packing list lists, quite literally, out a detailed inventory of the contents of the shipments. In other words, it specifies what’s in the shipment, its weight, dimensions, and packaging. While this may not seem so important, it enables customs officials to verify the shipment against the bill of lading and commercial invoice for efficient and effective handling. 

Airway Bill/Bill of Lading 

Among the essential documents required for exporting from India, a bill of lading or airway bill stands as a cornerstone of the shipment process. These documents, in their basic sense, are the agreement proof between the shipping company and the exporter, stating the terms of transportation. Think of it as a receipt to transport the cargo. 

Certificate of Origin

Beyond these, every exporter should have a certificate of origin in their paperwork file. The main purpose of this certificate is to verify where the product was made. Think of it as the nationality of your product. This way, exporters can meet the importing country’s regulations and claim any benefits pertaining to international trade agreements. 

Shipping Bill 

Along with the certificate of origin, another important document required for export from India is the shipping bill. This piece of paper includes all the details about the exporter required to clear the cargo at customs. It indicates in-depth insights about the description of the goods, quantity, destination, port of entry, tax incentives, and the exporter’s profile. Once this is verified and approved, the shipping bill, legally, allows the goods to be shipped to their final destination. 

Export License 

While exporting goods, certain products, like military equipment, hazardous materials, and rare minerals, may require an export license before they can be shipped out. That’s why it’s essential for exporters, especially those from India, to thoroughly review their product category to check whether or not they need an export license to avoid any legal issues. 

Letter of Credit 

Along with these, a letter of credit is also an integral part of your export documentation portfolio. As the name suggests, a letter of credit is a financial instrument given by a bank that acts as a confirmation that the exporter will receive the payment for goods shipped. However, this is conditional, as it depends on whether or not they meet the terms and conditions. 

Insurance Certificate 

Exporting goods beyond borders comes with its own set of risks, such as damage, theft, loss, etc. That’s why it’s essential for all exporters to have an insurance certificate that gives them potential coverage under such circumstances. Plus, it helps you be safe rather than sorry. 

Product-Specific Certificate 

Lastly, depending on the type of product being exported, certain documents are required to comply with the rules and regulations of the importing country. 

For instance, electronics may require a CE certificate, whereas agriculture and food products often require a phytosanitary certificate. It’s important to note that the main purpose of these documents is to validate whether or not products meet the necessary quality, safety, and health standards of the destination country. 

In A Nutshell 

Exporting to any country across the globe, especially India, can open numerous doors for your business, but it all starts with getting your fundamentals right. Every single document has its own significance, and getting it right helps to ensure a smooth, hassle-free journey. By double-checking the requirements of your exporting destination, you can be well-equipped to thrive in the competitive global market.

[exportimportdataa]

Access the latest Indian Trade Data including import-export statistics, top trading partners, product-wise trade analysis, and insights to grow your global business.

[vanesight]

Unlock Global Trade Insights with Reliable Import Export Data

Gain a competitive edge with accurate import export data that reveals global trade trends, market demand, and competitor activities. Our comprehensive database covers shipment details, tariffs, and trade volumes across industries. Whether you're a trader, analyst, or policymaker, leverage this data to make informed decisions, identify new markets, and optimize supply chains. Stay ahead in international trade with real-time import export statistics and analytics.- https://vanesight.com/