India's export diversification shows mixed results, with notable growth in auto parts, marine products, and garments, particularly to the US. Telecom instruments, including smartphones, saw an increase of over $8.4 billion in the first eight months of FY26. However, exports of gems and jewellery, agricultural products, and textiles to the US declined. Losses in these sectors to non-US economies were also insufficient to offset the US export downturn.