India's Electronics Exports Surge 47% in Q1 FY26 and Driven by Mobile Phones.

Economy Business

India's electronics exports soared by 47% year-on-year in the first quarter of FY26, reaching USD 12.4 billion. This remarkable growth was primarily fueled by a 55% increase in mobile phone shipments, underscoring the nation's expanding role in the global electronics market.


      - The surge in electronics exports marks a significant achievement for India, reflecting the success of initiatives like the Production-Linked Incentive (PLI) scheme and the Make in India programme. These policies have bolstered domestic manufacturing capabilities, enabling Indian companies to scale production and meet international demand effectively.

      - Mobile phones emerged as the dominant contributor, with exports climbing from USD 4.9 billion in Q1 FY25 to approximately USD 7.6 billion in Q1 FY26. This 55% growth highlights India's growing strength in mobile manufacturing and its increasing competitiveness in the global market.

      - Non-mobile electronics also experienced robust growth, rising by 37% to USD 4.8 billion. Key segments such as solar modules, switching and routing equipment, charger adapters, and electronic components played a pivotal role in this expansion, diversifying India's electronics export portfolio.

Main Point :-   (i) The India Cellular and Electronics Association (ICEA) projects that the Amomentum will continue, with total electronics exports expected to reach USD 46-50 billion by the end of FY26. This projection underscores the sector's potential and the effectiveness of supportive government policies.

      (ii) Looking ahead, industry leaders emphasize the need for further investment in research and development, strengthening the domestic supply chain, and enhancing value addition across the electronics manufacturing value chain. These steps are crucial for maintaining global competitiveness and sustaining growth in the sector.


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