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Smartphones ring loudest in exports

April 17, 2025

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Business Standard

Value of shipments reaches $18.31 billion in 10MFY25

- SURAJEET DAS GUPTA

Smartphones ring loudest in exports

Smartphones, for the first time, emerged as India's largest individual export commodity by value over 10 months of any financial year, during the April-January period of FY25, based on harmonised system (HS) codes.

During the period under review, smartphone exports from India reached $18.31 billion, according to data from the Department of Commerce, surpassing automotive diesel fuel exports, which stood at $16.04 billion. The surge partly came amid global trade concerns as a tariff war loomed since Donald Trump's victory in the US presidential election in November 2024.

In the corresponding period of the previous financial year (FY24), smartphones ranked fourth among HS-coded exports, behind automotive diesel fuel, aviation turbine fuel, and diamonds.

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