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Oct smartphone exports hit a record $2.4 billion
Business Standard
|November 12, 2025
Apr-Oct shipments up 50% for FY26 so far
Following a brief slowdown in smartphone exports during the festival season in August and September, driven by high domestic demand, exports have picked up, logging $2.4 billion in October. This marks the highest export figure ever for the month. In the same month last year, smartphone exports stood at $2 billion.
As a result, total smartphone exports for the first seven months (April-October) of 2025-26 reached $16 billion, according to early estimates from industry and trade bodies. This represents a rise of nearly 50 per cent over the $10.6 billion recorded during the same period last financial year.
Exports in just these seven months have already eclipsed the $15.5 billion achieved during the entire 2023-24.
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