Electronics exports hit US$43.56 billion in the ten months of FY26, with mobile phones driving growth, as India strengthens its global manufacturing role.
India’s electronics exports rose sharply in FY2026, reaching US$43.56 billion between April and February, a 28.1% increase from US$34 billion in the same period last year.
According to recent data from the India Cellular & Electronics Association (ICEA), mobile phones accounted for the bulk of this growth, with exports climbing 27% to US$26.5 billion, up from US$20.97 billion a year earlier.
February 2026 alone saw electronics exports of US$4.18 billion, up 10.3% year-on-year. According to Pankaj Mohindroo, Chairman at ICEA, the figures highlight India’s strengthening position in global electronics manufacturing and trade.
The expansion reflects structural changes in the sector, supported by policy measures such as the Production Linked Incentive (PLI) scheme, rising domestic production capacity, and deeper integration with global supply chains.
Mohindroo, in a LinkedIn post, acknowledged that the government has set a target of building a US$500 billion electronics manufacturing ecosystem, positioning the industry as a key driver of exports, industrial growth, and employment.
Mobile phone exports, in particular, have become central to this trajectory, underscoring India’s growing competitiveness in global markets.
While challenges remain in scaling advanced manufacturing segments such as semiconductors, the sustained rise in shipments suggests that India’s electronics sector is consolidating its role in global trade.
