SMARTPHONES ARE DETHRONING OIL IN INDIA!

India's smartphone exports have indeed surpassed those of petroleum products and diamonds, marking a significant shift in the country's export landscape. According to government data, smartphone exports have grown substantially, with a notable increase in shipments to countries like the US and Japan. Here's a breakdown of this trend :

-Smartphone Export Growth: India's smartphone exports have increased dramatically, with a five-fold rise in exports to the US and a four-fold increase to Japan over the past three years.

Comparison to Traditional Exports: Smartphone exports have now surpassed petroleum products and diamonds, becoming one of India's top export items. In FY25, smartphone exports outperformed these traditional sectors, solidifying their position as a key driver of India's export growth.

-Key Players: Major companies like Apple and Samsung dominate India's smartphone export market, accounting for around 94% of total smartphone exports from India.

This shift highlights India's growing presence in the global smartphone manufacturing and export industry, driven by government initiatives like "Make in India" and the country's skilled workforce .#SaylorBTCPurchase #BinancelaunchpoolHuma $BTC