Smartphones become India's fourth largest export item with 42% growth

Smartphones become India's fourth largest export item with 42% growth

Daily Current Affairs   /   Smartphones become India's fourth largest export item with 42% growth

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Category : Miscellaneous Published on: June 05 2024

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  • Smartphones are now the fourth-largest export item from India with 42 per- cent growth to $15.6 billion in FY24, up by one notch in the ranking from the preceding year.
  • India started collecting data for smartphones separately from April 2022. While India’s top export items are dominated by petroleum products, smartphones replaced motor gasoline to become the fourth-largest exported commodity in FY24.
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