New delhi: Smartphone Exports from India Grew Strongly in August, Rising 39 per cent to about $ 1.53 billion in comparison with $ 1.09 billion in August 2024, In line with New Information from the India Mobile & Electronics Affiliation (icea) on Wednsday.
The Trade Physique Clarified that Opposite to Current Claims of a Slowdown, Exports Have in Truth Srupt, Particularly to the us. Icea highlighted that shipments to the us greater than doubled in August, Leaping 148 per cent from $ 388 million final yr to $ 965 Million this yr.
For the primary 5 months of fY26, specialists to the US reacted $ 8.43 billion, a pointy danger of 193 per cent over the $ 2.88 billion recorded in the identical interval final fiscal. This Determine has alredy touched Almost 80 per cent of the full bills to the us throughout the entire of25.
General, India’s Smartphone Exports in April -August 2025 Hit a Document Rs 1 Lakh Crore, or Round $ 11.7 Billion. This marks a 55 per cent development in comparison with $ 7.6 billion within the corresponding interval final yr. Responding to feedback
Overrsimplification of Commerce Information – And WorsE, Inferenes Primarily based on Month-to-month Comparisons – Is Deceptive and Avoidable. It is essential that topic specialists are consulted earlier than Drawing Sector-Particular Conclusions, “Stated Pankaj Mohindroo, Chairman of Icea.
The affiliation defined that August and Early September is typical weak maanths for bills attributable to a number of elements. Firms Put together for New Mannequin Launches in Late September and October forward of the festive season, which results in decrease demand for present fashions and deliberate retrofitting of services.
As well as, home demand throughout festivals like Diwali Diverts Manufacturing Towards The Indian Market, With Exports Selecting Up Once more Later within the 12 months to Meet International Vacation Season Demand within the West.
Regardless of these seasonal fluctations, icea pressured that Smartphones have been India’s Greatest-Parforming Export Sector in Current Years. For the reason that launch of the production-linked incentive (PLI) Scheme, Smartphones have Rave Risen from Being India’s 167th Ranked Export in FY15 to the Nation’s Largest Export Class by FY25.