India’s smartphone export sector saw significant growth in the first quarter of the fiscal year, reaching a record high of $9.84 billion. This surge is largely attributed to the expanded manufacturing of iPhones within the country. As global companies look to diversify their supply chains away from China, India has increasingly become a central hub for high-end smartphone assembly.

The United States continues to be the largest importer of smartphones manufactured in India. While the data confirms a record-breaking financial performance for the quarter, the report highlights the growing reliance on Apple’s production strategy to drive India’s export numbers. The shift reflects broader geopolitical and economic trends where technology firms are incentivized to establish manufacturing bases in India through government production-linked incentive schemes. Industry analysts note that while the export figures are impressive, the long-term sustainability of this growth depends on the continued expansion of local component manufacturing rather than just the final assembly of imported parts.