
New Delhi - India’s smartphone exports have witnessed an extraordinary leap, overtaking petroleum products and diamonds to become the country’s top export item, as per government data.
Driven by rising demand and a series of policy incentives, smartphone shipments climbed 55 per cent to $24.14 billion in 2024–25, up from $15.57 billion in 2023–24 and $10.96 billion in 2022–23.
The United States and Japan have emerged as major contributors to this surge. Exports to the US alone jumped nearly fivefold over the last three years from $2.16 . . .
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