Hampton Sky Realty Defends Mobile Export Operations Amid Enforcement Directorate Scrutiny
Hampton Sky Realty Limited, formerly known as Ritesh Properties and Industries Limited, issued a formal statement on Saturday defending its mobile phone export operations following recent investigative actions by India’s Enforcement Directorate (ED). Led by Sanjeev Arora, the company asserts that its export activities are fully documented, compliant with national laws, and aligned with the government’s ‘Make in India’ flagship initiatives.
Contextualizing the Export Boom
The company’s entry into the mobile phone export sector in May 2023 follows a period of explosive growth for the industry. According to official data, India’s mobile phone export turnover surged from approximately Rs 1,500 crore in the 2014–15 fiscal year to roughly Rs 2 lakh crore by 2024–25. This 127-fold increase highlights the strategic importance of the sector, which benefits significantly from the government’s Production-Linked Incentive (PLI) scheme.
Verification and Compliance Protocols
Hampton Sky Realty reports that it has exported 44,471 units of branded devices, including Apple iPhones, AirPods, Samsung, and OnePlus handsets. The company maintains that every shipment underwent rigorous independent verification, including physical inspections by customs officials at the New Delhi Air Cargo Complex and IMEI scanning via the ICEGATE system.
Furthermore, the firm claims that original equipment manufacturers (OEMs) such as Apple and Samsung verified the shipments through their global activation databases. By proving that the devices were activated outside of India after export, the company argues it has provided conclusive proof that the consignments were genuine and not subject to domestic manipulation.
Addressing Allegations of Financial Irregularities
Responding to accusations of “round-tripping” or fraudulent exports, the company stated that all revenue was processed through authorized banking channels. They emphasized that Bank Realisation Certificates were filed appropriately with the Directorate General of Foreign Trade (DGFT) portal, denying any diversion of funds or offshore retention.
Regarding concerns over Goods and Services Tax (GST) input-tax-credit claims, Hampton Sky Realty clarified that disputed transactions represent only a minor fraction of their total procurement. The company noted that it proactively filed an FIR in May 2025 at the Ludhiana Focal Point police station against three specific suppliers—SK Enterprises, Global Traders, and GMG Tradelink Pvt Ltd—alleging fraud on their part. The company maintains that it is a victim of supplier-side irregularities rather than a perpetrator.
Implications for the Industry
The company further stated that any disputed GST amounts have already been deposited, pending resolution by the GST Appellate Authority, resulting in no current loss to the government exchequer. Hampton Sky Realty has pledged full cooperation with the Enforcement Directorate as the investigation continues.
Industry analysts are watching this case closely to see how it impacts the broader mobile export ecosystem under the PLI scheme. Future developments will likely center on the findings of the ED investigation and whether the regulatory scrutiny leads to tighter compliance requirements for exporters participating in government-incentivized manufacturing programs.
