3 min read Last Updated : Aug 18 2025 | 11:30 PM IST
Amid tariff disruptions and the threat of 50 per cent duties on Indian exports to the US, smartphone exports have once again broken records. In the four-month period from April to July 2025-26 (FY26), exports touched the $10 billion mark, up 52 per cent from $6.4 billion in the same period of 2024-25 (FY25), according to industry estimates.
Apple Inc has led the charge despite concerns that it might slow its expansion in India. Its iPhone exports rose 63 per cent to $7.5 billion in April–July this year, compared with $4.6 billion a year ago.
Apple’s three vendors — Foxconn,