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3 days agoIndia’s Smartphone Exports Surge 55% in FY25, Outpacing Traditional Sectors
India’s smartphone exports climbed 55% year-on-year to reach $24.14 billion in FY25, overtaking petroleum and diamonds as the country’s leading export category. The electronics boom was fueled by the government’s PLI incentives and strong global demand for premium devices. Analysts noted that Apple and Samsung accounted for over 60% of total shipments. This surge signals India’s growing role as an electronics manufacturing hub, with export diversification reducing dependence on traditional commodity sectors.
positive
3 days agoIndia’s Smartphone Exports Surge 55% in FY25, Outpacing Traditional Sectors
India’s smartphone exports climbed 55% year-on-year to reach $24.14 billion in FY25, overtaking petroleum and diamonds as the country’s leading export category. The electronics boom was fueled by the government’s PLI incentives and strong global demand for premium devices. Analysts noted that Apple and Samsung accounted for over 60% of total shipments. This surge signals India’s growing role as an electronics manufacturing hub, with export diversification reducing dependence on traditional commodity sectors.
positive
India’s Smartphone Exports Surge 55% in FY25, Outpacing Traditional Sectors
4 days ago
1 min read
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India’s smartphone exports hit $24.14 billion in FY25, rising 55% year-on-year and surpassing petroleum and diamonds as top export categories.
India’s smartphone exports climbed 55% year-on-year to reach $24.14 billion in FY25, overtaking petroleum and diamonds as the country’s leading export category. The electronics boom was fueled by the government’s PLI incentives and strong global demand for premium devices. Analysts noted that Apple and Samsung accounted for over 60% of total shipments. This surge signals India’s growing role as an electronics manufacturing hub, with export diversification reducing dependence on traditional commodity sectors.
India’s smartphone exports climbed 55% year-on-year to reach $24.14 billion in FY25, overtaking petroleum and diamonds as the country’s leading export category. The electronics boom was fueled by the government’s PLI incentives and strong global demand for premium devices. Analysts noted that Apple and Samsung accounted for over 60% of total shipments. This surge signals India’s growing role as an electronics manufacturing hub, with export diversification reducing dependence on traditional commodity sectors.
Companies:
Apple
Samsung
Tags:
markets
trade
markets
trade
exports
electronics
India
Oct 27, 2025 • 04:46 IST