India’s smartphone export story continues to get stronger despite a year marked by global tensions and tariff worries. New government data shows that shipments to the US surged more than three times year-on-year (YoY) to $1.47 billion in October, compared to $0.46 billion in the same month last year.
The US market has been a major driver this year. Between April and October, India exported smartphones worth $10.78 billion to Americaa, up sharply from $3.60 billion a year earlier.
The fiscal began on a high note:
April: $1.65 billion
May: $2.29 billion
But shipments dipped through mid-year as the industry adjusted production cycles:
June: $1.99 billion
July: $1.52 billion
August: $0.96 billion
September: $0.88 billion
October brought some stability back, helped by steady demand ev

News 18 India Business

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