India's #1 export to the US is smartphones, surpassing diamonds: Report
Smartphones—led by Apple iPhones—have overtaken non-industrial diamonds as India's top export to the US. As per figures reported by Business Standard from the Department of Commerce, smartphones have surpassed non-industrial diamonds in value to become India's top product sent to the US in the last three months.
In the June quarter, the value of smartphones exported exceeded that of non-industrial diamonds by $2 billion. The study also stated that exports were worth $1.44 billion. The main factor driving the increase in smartphone exports was iPhones.
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