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India's Electronics Exports Jump 47% in Q1FY26, Mobile Phones Lead the Way

Written by: Team Angel OneUpdated on: 8 Aug 2025, 7:02 pm IST
India’s electronics exports grew 47% to $12.4 billion in Q1FY26, led by a 55% rise in mobile phone exports and steady growth in other segments.
India's Electronics Exports Jump 47% in Q1FY26, Mobile Phones Lead the Way
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India’s electronics exports rose sharply in the first quarter of FY26, touching $12.4 billion, up from $8.43 billion in the same period last year. This marks a 47% year-on-year increase, according to data released by the India Cellular and Electronics Association (ICEA).

Mobile Phones Drive Export Growth

Mobile phones were the main contributor to this growth, with exports rising 55% to $7.6 billion in Q1 FY26, compared to $4.9 billion in Q1 FY25. This segment accounted for more than half of the total electronics exports during the quarter.

Non-Mobile Electronics Also Expand

Exports of non-mobile electronic items reached approximately $4.8 billion, reflecting a 37% year-on-year growth from $3.53 billion last year. Key contributors included solar modules, switching and routing equipment, charger adapters, and electronic components.

India’s electronics exports stood at $29.1 billion in FY24, rising to $38.6 billion in FY25. ICEA has projected total exports to touch between $46 billion and $50 billion by the end of FY26, based on current trends.

Electronics Production Over a Decade

As per the news reports, India’s electronics production has increased from $31 billion in FY15 to $133 billion in FY25. This growth has been supported by schemes such as the Phased Manufacturing Programme (PMP) and Production Linked Incentive (PLI).

ICEA noted that while mobile phones have led the export numbers, other categories like IT hardware, wearables, hearables, and consumer electronics need to grow to reduce reliance on a single product category.

Read More: India-US to Resume Bilateral Trade Talks From August 25 Amid Tariff Challenges!

Conclusion

India’s electronics export performance in Q1FY26 shows continued growth in manufacturing and export capacity. Sustaining this momentum will require expansion across product segments and further development of the domestic value chain.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 8, 2025, 1:22 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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