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2025-08-08 12:04:01 pm | Source: Accord Fintech
India`s electronics exports surge over 47% to $12.4 billion in Q1FY26: ICEA
India`s electronics exports surge over 47% to $12.4 billion in Q1FY26: ICEA

The India Cellular and Electronics Association (ICEA) in its latest data has said that 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 (Q1FY26), driven by a robust performance in the mobile phone segment. The country's electronics exports stood at $8.43 billion in the April-June period last financial year (Q1FY25).

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 non-mobile electronics segment rose 37 per cent to $4.8 billion from $3.53 billion in the corresponding period a year ago. Key products in the non-mobile electronics category include solar modules, switching and routing apparatus, charger adapters and parts, and other components.

ICEA Chairman Pankaj Mohindroo said ‘This is a strategic national achievement. Now begins the real climb towards global competitiveness, sustainability, and deeper value addition. 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.’

Mohindroo added It is more important than ever to build an indigenous supply chain. We need globally competitive Indian brands and Indian champions across the entire value chain from components and sub-assemblies to final products. This is the path to long-term sovereignty in electronics.

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.

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