iPhone surge: At $30bn, smartphones top exports in 2025

Smartphones, led by Apple's iPhone, became India's top export in 2025, surpassing automotive diesel fuel with $30.1 billion in shipments. This surge, driven by policy support and local manufacturing scale-up, saw iPhones account for nearly three-quarters of total smartphone exports. The US remained India's largest export market.

iPhone surge: At $30bn, smartphones top exports in 2025
Smartphones, led by Apple's iPhone, became India's top export in 2025, surpassing automotive diesel fuel with $30.1 billion in shipments. This surge, driven by policy support and local manufacturing scale-up, saw iPhones account for nearly three-quarters of total smartphone exports. The US remained India's largest export market.