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BTCC / BTCC Square / Global Cryptocurrency /
Smartphones Surpass Oil as India’s Top Export, Signaling Economic Shift

Smartphones Surpass Oil as India’s Top Export, Signaling Economic Shift

Author:
Global Cryptocurrency
Published:
2025-05-25 10:13:02
20
3

India’s export landscape has undergone a tectonic shift as smartphone shipments eclipsed traditional heavyweights like oil and diamonds. With $24.14 billion in 2025 exports marking a 55% annual surge, this manufacturing pivot positions India as a global tech supply chain player.

The move carries latent implications for digital asset ecosystems. As smartphone penetration deepens, crypto adoption vectors may accelerate through improved access to Web3 applications and blockchain interfaces. Emerging markets like India often leapfrog legacy financial infrastructure entirely.

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