India's smartphone exports to the United States jumped by 254% between April and December of 2023, with a total value of $3.53 billion

Smartphone exports from India to America increased by 253.70% to $3.53 billion in the first nine months of the current financial year i.e. April-December period. With this, India has become the third largest smartphone exporter to America after China and Vietnam. However, exports from China and Vietnam have declined during this period. India had sold smartphones worth only $998 million to America in the same period of 2022-23.

According to Commerce Ministry data, India's share in smartphone exports increased to 7.76% during the April-December period of 2023-24. It was 2% in the same period of 2022-23. According to the data, during this period, China's smartphone exports to America declined from $38.26 billion to $35.1 billion. Exports from Vietnam also fell from $9.36 billion to $5.47 billion.

An official said that India is emerging as a major production centre for smartphones. The increase in smartphone manufacturing has led to an increase in exports. Apart from this, the announcement of the Production Linked Incentive (PLI) scheme and American company Apple starting iPhone manufacturing in India has also helped in increasing exports.