India’s smartphone exports have climbed up than previous traditional exports of heavyweights like petroleum products and diamonds; this is considered a major shift in the country's trade landscape, according to official government data.
In FY25, smartphone exports grew by 55 percent, reaching USD 24.14 billion, up from USD 15.57 billion in FY24 and USD 10.96 billion in FY23. This flow has made smartphones one of India’s top exported commodities for the first time.
Key Takeaways:
The United States appeared as the largest destination, with exports rising from USD 2.16 billion (FY23) to USD 5.57 billion (FY24) and further to USD 10.6 billion in FY25. That’s nearly a fivefold increase over three years. Japan also saw strong growth, with Indian smartphone exports increasing from USD 120 million to USD 520 million in the same period.
Other notable markets that include the US and Japan are the Netherlands, Italy, and the Czech Republic, forming the top five destinations showing the highest export growth.
Also read: Sushil Global Exports: Leading Exporters of Premium and Quality Coir Products Worldwide
A senior Commerce Ministry official endorsed the performance of India’s developing role as a global electronics manufacturing hub, enhanced by the Production-Linked Incentive (PLI) scheme. The initiative has attracted significant investment, expanded local manufacturing capacity, and extended India’s blend into global supply chains.
According to Counterpoint Research’s firm 'Make in India' Service report, Apple and Samsung together accounted for 94 percent of India’s smartphone exports in 2024. The report also noted a 6 percent growth in shipments of Made-in-India smartphones.
Looking forward, smartphone manufacturing in India is projected to grow at double-digit rates in 2025, alongside rising levels of local value addition, ensuring continued momentum for the sector.
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