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India's electronics exports soar to $33B, driven by smartphone sales, but face potential U.S. tariff risks.
India's electronics exports hit a record high of $33 billion in the first 10 months of 2025, largely due to smartphone exports, especially from Apple.
Smartphones now make up 60% of electronics exports, up from 52% last year, making electronics the third-largest export sector.
However, experts caution about potential tariffs from the U.S., urging the industry and government to prepare a strategy to mitigate risks.
2 months ago
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