India saw a remarkable 47% year-on-year growth in electronics exports in the first quarter of FY26, reaching $12.4 billion. The surge was led by mobile phones, showcasing India’s emergence as a key global electronics manufacturing hub.
Mobile Phones: The Star Performer
- Mobile phone exports rose by 55% to $7.6 billion in Q1 FY26.
- Government-backed PLI schemes and global manufacturers favoring India contributed to this growth.
- India is now the world’s second-largest mobile phone manufacturer.
- Exports are increasingly targeting markets in the Middle East, Africa, and Europe.
Growth in Non-Mobile Electronics
- Non-mobile electronics, including solar modules and networking equipment, grew by 37% to $4.8 billion.
- Expansion beyond smartphones highlights India’s diversified tech ecosystem.
Sector-Wide Trends and Projections
- Total electronics exports surged from $29.1 billion in FY24 to $38.6 billion in FY25.
- Projections indicate FY26 exports may reach $46–50 billion.
- India’s electronics production escalated from $31 billion in FY15 to $133 billion in FY25.
- Policy reforms and rising global demand have propelled this remarkable growth.
Key Takeaways for Competitive Exams:
- India’s electronics exports surged by 47% in Q1 FY26, hitting $12.4 billion.
- Mobile phone exports led the growth, showcasing India as a global manufacturing hub.
- Non-mobile electronics also saw healthy growth, reflecting a diversified tech ecosystem.
- Policy reforms and global demand have been key drivers of India’s electronics sector growth.
