India’s electronics exports surge 47% in Q1 FY26, smartphones lead the charge

India’s electronics manufacturing sector has transformed dramatically in the last decade, with production rising from $31 billion in FY15 to $133 billion in FY25.

India’s electronics exports soared 47% year-on-year to $12.4 billion in the first quarter of FY26, powered by a record-breaking performance in smartphone shipments, a 55% spike that underscores the country’s rising strength as a global electronics hub.

India’s electronics industry has posted a powerful start to FY26, with total electronics exports jumping to $12.4 billion in the April–June quarter, up from $8.43 billion a year ago, according to data from the India Cellular and Electronics Association (ICEA). The primary growth engine was mobile phone exports, which surged 55% to $7.6 billion from $4.9 billion in Q1 FY25.

Non-mobile electronics also saw robust gains, climbing 36% year-on-year to an estimated $4.8 billion. This growth was driven by segments such as solar modules, switching and routing equipment, charger adapters, and electronic components.

ICEA has projected electronics exports to reach $46–50 billion by the end of FY26, building on the momentum from FY24 and FY25, when exports stood at $29.1 billion and $38.6 billion, respectively.

“This is a strategic national achievement,” said Pankaj Mohindroo, Chairman of ICEA. “We congratulate the mobile phone industry for this outstanding performance. Now begins the real climb — toward global competitiveness, sustainability, and deeper value addition.”

While mobile phones have consistently powered India’s electronics export story, ICEA emphasized the urgent need to scale up other segments such as IT hardware, wearables, hearables, and consumer electronics to diversify the export base and reduce over-dependence on a single product category.

India’s electronics manufacturing sector has transformed dramatically in the last decade, with production rising from $31 billion in FY15 to $133 billion in FY25. This leap has been enabled by key policy initiatives like the Phased Manufacturing Programme (PMP), Production Linked Incentive (PLI) schemes, and close collaboration between the government and industry.

However, Mohindroo warned against complacency. “These numbers are encouraging, but this is just the beginning. We need to focus on long-term resilience, deepen value addition, and build globally competitive Indian brands. The global opportunity is massive — but seizing it will require sustained commitment, not just short-term momentum.”