“Apple iPhones surpass Diamonds as India’s largest product export to US, reports Hindustan Times”

In a surprising turn of events, diamonds are no longer India’s largest product export to the United States, thanks to the rise of Apple iPhones. According to a report by the Hindustan Times, the iconic tech giant’s popular smartphones have surpassed diamonds as India’s top product export to the US.

For years, India has been known for its booming diamond industry, with the precious stones being a major source of revenue for the country. However, with the increasing demand for Apple iPhones in the US market, the tables have turned.

The report highlights that the export value of Apple iPhones from India to the US has seen a significant growth in recent years, outpacing the export value of diamonds. This shift can be attributed to the growing popularity of Apple products among American consumers, as well as the increasing production of iPhones in India.

The rise of Apple iPhones as India’s top product export to the US is a testament to the country’s evolving economy and its increasing presence in the global tech market. It also underscores the changing consumer preferences and the impact of technology on international trade.

As India continues to establish itself as a key player in the tech industry, the export of Apple iPhones is expected to further solidify its position as a major player in the global market. With this development, India is poised to make a mark in the tech world, alongside its traditional exports like diamonds.