India’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.