<ul><li>India's smartphone exports have increased significantly, surpassing petroleum products and diamonds as the country's top exported goods.</li><li>Smartphone exports rose by 55% to $24.14 billion in 2024-25 from $15.57 billion in 2023-24 and $10.96 billion in 2022-23.</li><li>Top five nations contributing to the growth in smartphone exports were the US, the Netherlands, Italy, Japan, and Czech Republic.</li><li>Government initiatives like the Production-Linked Incentive scheme have played a key role in boosting investments, local production, and India's integration into global value chains.</li></ul>

India's Smartphone Exports Soar, Surpassing Petroleum Products, Diamonds In FY25

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