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Smartphones ring loudest in exports
Business Standard
|April 17, 2025
Value of shipments reaches $18.31 billion in 10MFY25
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.
Diese Geschichte stammt aus der April 17, 2025-Ausgabe von Business Standard.
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