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Smartphones lead Indias export surge as electronics shipments jump 24 percent in FY26

Economy
Published on 24 April 2026
Smartphones lead Indias export surge as electronics shipments jump 24 percent in FY26

Nearly one in every four export dollars came from phones

India’s electronics exports jumped about 24% in the last fiscal year, with smartphones driving nearly a 22% rise. The gains are linked to the government’s production-linked incentive push, while major markets included the US, UAE, and China. The results underline India’s fast-growing clout as a global manufacturing hub for electronics.

  • Electronics exports rose around 24% in the last fiscal year
  • Smartphones were the biggest growth engine with nearly 22% export rise
  • PLIs are cited as a key factor behind the surge
  • Top export destinations included the US, UAE, and China
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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