India's electronics exports jump over 47% to $12.4 billion in Q1 FY26.
Photo for representational purpose.
Credit: iStock photo
New Delhi: Driven by the mobile phone segment, India's electronics exports surged over 47 per cent year-on-year to $ 12.4 billion in the first quarter of fiscal year 2025-26, said data from the India Cellular and Electronics Association (ICEA) here on Thursday.
According to the Industry body’s statement, the country's electronics exports stood at $ 8.43 billion in the April-June period last year.
Total electronics exports increased from $ 29.1 billion in FY24 to $38.6 billion in FY25. With the current momentum, ICEA projects that electronics exports for the full fiscal year 2026 are expected to be in the range of $ 46-50 billion.
Over the past decade, total electronics production in India has grown from $ 31 billion in FY15 to $ 133 billion in FY25.
Mobile phones were the standout performer, with exports growing by 55 per cent from $ 4.9 billion in Q1 FY25 to an estimated $ 7.6 billion in Q1 FY26, the ICEA said the statement.
The non-mobile electronics include solar modules, switching and routing apparatus, charger adapters and parts, segment rose 37 per cent to $ 4.8 billion from $ 3.53 billion in the corresponding period a year ago.
"Other product segments in electronics have also shown significant growth, such as solar modules, networking equipment, chargers, and components are gaining traction. We must now accelerate their expansion. We need IT hardware, wearables, hearables, and consumer electronics exports to rise sharply," ICEA Chairman Pankaj Mohindroo said.
With this momentum, ICEA projects that electronics exports are expected to touch $ 46–50 billion by the end of the fiscal year, the statement said.