Whalesbook
India's merchandise exports saw a mixed performance in October, with electronics being the sole segment among the top 10 categories to record growth. Electronics exports rose by 19% year-on-year to $4.08 billion, largely driven by a significant increase in smartphone exports, including Apple's iPhones. This growth occurred despite a substantial decline in other key export categories like engineering goods, which fell by 16.7%, and also faced challenges from global trade disruptions and competitive pricing from China.