How Did India's Electronics Exports Jump 47% in Q1?
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Synopsis
India's electronics export sector is thriving, boasting a staggering 47% year-on-year growth in Q1 FY26, primarily fueled by mobile phone exports. Industry experts predict a potential rise to $46-50 billion by fiscal year's end. Explore the factors driving this impressive surge in exports and the implications for India's manufacturing landscape.
Key Takeaways
- Electronics exports surged by 47% year-on-year in Q1 FY26.
- Mobile phone exports contributed significantly, growing 55%.
- Total electronics exports projected to reach $46–50 billion by FY26 end.
- Policy interventions like PLI and PMP are driving growth.
- Non-mobile electronics exports also showed a 36% increase.
New Delhi, Aug 7 (NationPress) India's electronics exports have experienced a remarkable upsurge in the first quarter of FY26, recording a 47 percent increase year-on-year, primarily driven by robust mobile phone exports, according to industry reports released on Thursday.
As per the data collated by the India Cellular and Electronics Association (ICEA), electronics exports soared to $12.4 billion in Q1 FY26, compared to $8.43 billion during the same timeframe last year.
With this positive trend, the industry anticipates that electronics exports could reach between $46–50 billion by the close of the fiscal year.
The mobile phone sector emerged as the top contributor, achieving a 55 percent growth, escalating from $4.9 billion in Q1 FY25 to an estimated $7.6 billion in Q1 FY26.
Additionally, non-mobile electronics exports showed considerable growth, climbing from $3.53 billion to an estimated $4.8 billion, marking a 36 percent increase. This segment includes vital products like solar modules, switching and routing equipment, charger adapters, and various components.
“We extend our congratulations to the mobile phone sector for this remarkable achievement. It represents a significant national milestone. The journey toward global competitiveness, sustainability, and increased value addition has now commenced. Other segments such as solar modules, networking devices, chargers, and components are also gaining momentum,” commented Pankaj Mohindroo, Chairman of ICEA.
“We must now expedite their growth. A substantial increase in IT hardware, wearables, hearables, and consumer electronics exports is essential,” he emphasized.
India's electronics manufacturing landscape has undergone a revolutionary transformation over the last decade.
Total electronics production surged from $31 billion in FY15 to $133 billion in FY25, fueled by a focused industrial strategy.
This expansion was supported by timely policy interventions, including the Phased Manufacturing Programme (PMP), Production Linked Incentive (PLI) schemes, and strong collaboration between states and industries.
“We require globally competitive Indian brands and champions across every segment of the value chain, from components to final products. This is crucial for long-term sovereignty in electronics,” noted Mohindroo.
This impressive start to the fiscal year follows record growth over the previous two years, with India's total electronics exports rising from $29.1 billion in FY24 to $38.6 billion in FY25.
Point of View
I highlight the significant strides India is making in the electronics sector. This growth not only showcases the nation's manufacturing capabilities but also positions India as a competitive player on the global stage. It's essential to continue fostering innovation and collaboration in this industry for sustainable growth.
NationPress
06/10/2025
Frequently Asked Questions
What caused the surge in India's electronics exports?
The surge is primarily attributed to a robust performance in mobile phone exports and significant growth in non-mobile electronics.
What are the projections for India's electronics exports by FY26?
Industry experts project that electronics exports could reach between $46–50 billion by the end of FY26.
What role do government policies play in this growth?
Targeted policies such as the Phased Manufacturing Programme (PMP) and Production Linked Incentive (PLI) schemes have significantly boosted the sector.
How has India's electronics production changed over the years?
Total electronics production increased from $31 billion in FY15 to $133 billion in FY25, reflecting substantial growth.
What are the key segments contributing to electronics exports?
Key segments include mobile phones, solar modules, networking equipment, and charger adapters.
