New Delhi, April 17 -- India has emerged as a key supplier of smartphones to the United States, meeting about 40 per cent of the demand that was earlier fulfilled by China, according to a recent report by McKinsey & Company.

The report highlighted that the United States has been actively diversifying its import sources and managed to replace about two-thirds of the goods it previously sourced from China, valued at more than USD 80 billion. India and ASEAN economies have played a significant role in this shift.

It stated, "India, for example, increased smartphone exports to the United States to levels equal to roughly 40 per cent of what China had supplied".

The report also mentioned that India's rise in smartphone exports has been part...