The India Cellular and Electronics Association (ICEA) reports that India's electronics exports increased 41% year over year to Rs. 1,08,450 crore (US$ 12.4 billion) in Q1 FY26 from Rs. 73,729 crore (US$ 8.43 billion) in Q1 FY25. The main driver of this dramatic increase was the export of mobile phones, which increased 55% to Rs. 66,470 crore (US$ 7.6 billion) from Rs. 42,855 crore (US$ 4.9 billion) in the previous year. Strong shipments of solar modules, networking equipment, charging adapters, and electronic components drove a 37% increase in non-mobile electronics exports to Rs. 41,981 crore (US$ 4.8 billion). The chairman of the India Cellular and Electronics Association, Mr. Pankaj Mohindroo, referred to it as a strategic national accomplishment and emphasized the increasing popularity in other markets, such as consumer electronics, wearable technology, and IT technology.
The ICEA projects that India's electronics exports will reach Rs. 4,02,316-4,37,300 crore (US$ 46-50 billion) in FY26, up from Rs. 2,54,509 crore (US$ 29.1 billion) in FY24 to Rs. 3,37,596 crore (US$ 38.6 billion) in FY25. From Rs. 2,71,126 crore (US$ 31 billion) in FY15 to Rs. 11,63,218 crore (US$ 133 billion) in FY25, the country's electronics manufacturing has more than fourfold in the last ten years. He emphasized how urgent it is to create a local supply chain that is globally competitive and called for the growth of Indian brands and champions along the whole value chain, from components to finished goods, in order to guarantee the electronics industry's long-term independence.
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