Apple iPhone export surge catapults electronics to podium position

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Apple iPhone export surge catapults electronics to podium position | News

2 min read Last Updated : Aug 04 2024 | 11:29 PM IST

Driven by a surge in Apple iPhone exports from India, electronics has surged past gems and jewellery to secure the third spot among India’s top 10 exports by the end of theApril-June quarter (Q1) of 2024-25 (FY25). Only engineering goods and petroleum products rank higher. In the same quarter of 2023-24 (FY24), electronics held the fourth spot.

According to data released by the Department of Commerce, electronics exports rose by 22 per cent, reaching $8.44 billion at the end of Q1 of the current financial year (FY25) — an increase of $1.5 billion from $6.94 billion in Q1FY24.

While

First Published: Aug 04 2024 | 11:29 PM IST

Tag Apple Department of Commerce electronics Electronics manufacturing iPhone Q1 Q1FY25

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