From no. 7 to no. 3: iPhones boost India’s exports; top industries displaced

India's electronics exports are surging, driven by iPhone manufacturing, and are poised to overtake petroleum products as the nation's second-largest export category. This rapid growth, fueled by government incentives, positions India to capitalize on global supply chain diversification, while petroleum exports face a decline.

From no. 7 to no. 3: iPhones boost India’s exports; top industries displaced
India's electronics exports are surging, driven by iPhone manufacturing, and are poised to overtake petroleum products as the nation's second-largest export category. This rapid growth, fueled by government incentives, positions India to capitalize on global supply chain diversification, while petroleum exports face a decline.