India’s iPhone exports hit $23 billion in 2025 as smartphones become top export segment
Published on: Feb. 23, 2026, 5:30 a.m. | Source: The Economic Times
Apple's iPhone emerged as India's top export in 2025, reaching $23 billion and driving smartphones to become the nation's leading export category. This surge was fueled by production incentives and diversification from Chinese suppliers. However, the abolition of US fentanyl tariffs on Chinese exports could challenge India's competitive edge.
