India's smartphone exports grew by 120% in the last 3 years with most of the exports to USA followed by Japan, Netherlands, and Italy. India's smartphone export data: 2022-23 = $10.96 billion 2023-24 = $15.57 billion 2024-25 = $24.14 billion This rapid increase has propelled smartphones to become one of India's top exported goods, overtaking traditional items like petroleum products and diamonds for the first time Exports of smartphones has experienced a healthy surge in the last 3 years, transforming India into a major global manufacturing and export hub This growth is anticipated mainly to government initiatives such as the Production-Linked Incentive (PLI) scheme which has increased investments in India and scaled up existing production Stocks to benefit from this sector are

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