I’d be happy to provide the full details on India’s record-high electronics exports, which have emerged as one of the country’s fastest-growing export categories.
The latest data highlights a significant surge, positioning the sector as a major pillar of India’s global trade.
📈 Key Figures and Export Trajectory
| Metric | Value/Status | Comparison |
| H1 FY26 Exports (Apr-Sep 2025) | $22.2 Billion (Approx.) | 42% Surge from $15.6 Billion in H1 FY25 |
| FY 2024-25 Exports | $38.5 Billion (Approx.) | 32.5% Annual Increase |
| Current Export Rank | 3rd Largest Export Category | Moved up from 7th in FY22 (Now behind Engineering Goods and Petroleum Products) |
| Projected Rank | Could become 2nd Largest by FY28 | Projected to potentially overtake Petroleum Products. |
| Long-Term Target | $200 Billion in Exports by FY2030-31 | Industry roadmap |
The sector’s output has grown nearly sixfold in a decade, from approximately $21 billion in 2015 to an estimated $128 billion in 2025.
📱 Major Driver: Mobile Phones and the ‘iPhone Effect’
The primary force behind this unprecedented growth is the rise in smartphone exports, particularly the scale-up of production by global giants.
- Smartphone Exports: Surged by 58% to approximately $13.4 Billion in H1 FY26.
- Apple’s Contribution: iPhones shipped from India reached a record of $10 Billion in the first half of FY26. This accounts for roughly 45% of India’s total electronics exports and over 75% of its smartphone exports.
- Global Diversification: Global manufacturers like Apple and Samsung, along with their contract partners such as Foxconn and Pegatron, are rapidly scaling operations in India under the global “China+1” strategy for supply-chain resilience. India has emerged as Apple’s second-largest manufacturing base after China.
💡 Policy Support and Ecosystem Building
The surge is a direct result of comprehensive government policy interventions:
- Production Linked Incentive (PLI) Scheme: This flagship scheme offers financial incentives (4-6% on incremental sales) to manufacturers that scale up local production. It specifically targeted high-value phones (above ₹15,000), successfully attracting global heavyweights.
- Electronics Components Manufacturing Scheme (ECMS): This newer scheme aims to deepen the domestic value chain by incentivizing the manufacturing of critical components, such as:
- Multi-Layer and High-Density Interconnect (HDI) PCBs
- Camera Module Sub-Assemblies
- Copper Clad Laminates
- Polypropylene Films
- This is crucial for moving beyond final assembly to true domestic value addition and reducing import dependence.
- India Semiconductor Mission (ISM): The push to establish semiconductor fabrication and OSAT (Outsourced Semiconductor Assembly and Test) plants is set to be the next major driver, moving India further up the technology value chain.
🌍 Top Export Destinations and Future Outlook
- Top 5 Destinations (FY 2024-25): United States, United Arab Emirates, Netherlands, United Kingdom, and Italy.
- Wider Scope: Beyond mobile phones, other categories contributing to the export growth include solar panels, telecom equipment, medical electronics, and digital processing units.
- Structural Shift: Analysts view this as a structural shift for India’s trade, with electronics potentially displacing petroleum products as the country’s second-largest export category due to sustained manufacturing scale and a decline in petroleum product exports.
