iPhones boom, Trump sanctions impact: Electronics to become 2nd-most exported

Times of IndiaCenter-RightEN 3 min read 100% complete by TOI BUSINESS DESKOctober 27, 2025 at 08:02 AM

AI Summary

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During the first half of FY26, India's electronics exports grew by 42%, reaching $22.2 billion, with Apple's iPhone exports contributing significantly at around $10 billion. This growth is expected to push electronics into becoming the second-largest export category in India, following engineering products, within two years. In contrast, petroleum product exports declined by 16.4% to $30.6 billion due to potential limitations on Russian oil procurement as a result of US sanctions. Engineering products maintained their lead with $59.3 billion in exports, showing a 5.35% increase from the previous year.

Key Topics & Entities

petroleum products ×250% US ×250% Russian oil firms 60% electronics exports ×460% iPhone ×370% Donald Trump ×270% India ×580% Apple ×480%

Keywords

electronics exports 90% iphone production 85% trump sanctions 80% russian oil 75% india's exports 70% petroleum products 65% export growth 60% electronics sector 55% commerce ministry data 45% engineering products 40%

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Positive

Score: 0.40

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Source

Times of India

Political Lean

Center-Right (0.20)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

India

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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electronics exports iphone production trump sanctions russian oil india's exports petroleum products export growth electronics sector commerce ministry data engineering products

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