New Delhi [India], August 25 (ANI): Exports are likely to be the key driver for mobile phone brands seeking to consistently beat the growth benchmark and maximise incentives under the newly notified Mobile Phone Manufacturing Scheme (MPMS), according to a report by Kotak Institutional Equities.
The report said this is because India's domestic smartphone market has seen limited volume growth, while the country's mobile phone production has expanded largely on the back of rising exports.
