Setting a new record, India's smartphone exports reached Rs 1.55 trillion during the April-January period, according to a report in The Financial Express. Boosted by the government's production-linked incentive (PLI) scheme, exports surpassed Rs 1.31 trillion in FY24. January (2025) alone recorded the highest-ever monthly exports at Rs 250 billion, marking a 140 per cent increase over January 2024.