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India posts record smartphone exports of nearly $10 billion in Q1
['The Hans India', 'About The Author', 'New Delhi']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
New Delhi: India's smartphone exports touched a record high of nearly $10 billion in the first quarter of FY27, driven by Apple iPhone shipments, according to the latest data.
Smartphone exports by value rose 23.4 per cent to $9.84 billion during April-June, compared to $7.97 billion in the corresponding period of the previous fiscal.
Moreover, the US remained by far the largest market for India's smartphone exports during the quarter which showed strong demand for India-manufactured devices.
Earlier this year, India's iPhone exports reached a record Rs 2 lakh crore in FY26, making Apple the country's single largest branded exporter across all product categories.
Overall smartphone exports from India stood at around Rs 2.6 trillion ($29.4 billion) during the fiscal, with iPhones contributing more than 75 per cent (about $22 billion) of the total.