Mobile phone shipments crossed 2B cumulative units under the "Make in India" initiative between 2014 and 2022, a 23% CAGR, for 98% of local shipments in 2022 (Prachir Singh/Counterpoint Research)

Prachir Singh / Counterpoint Research:
Mobile phone shipments crossed 2B cumulative units under the “Make in India” initiative between 2014 and 2022, a 23% CAGR, for 98% of local shipments in 2022  —  - India's mobile phone production grew at a CAGR of 23% during 2014-2022 to cross a cumulative 2bn units.