India's electronics exports performed strongly in FY26, emerging as the fastest growing category among India's top 30 exports. Exports reached $31 billion in the April-November period, registering a 38% year-on-year increase, highlighting India's growing role in the global electronics value chain, led by smartphone exports.
Smartphone exports accounted for nearly 60% of total electronics exports, contributing about $18.7 billion, with iPhone exports alone accounting for over 45% of the sector's export value. India's expanding mobile manufacturing base and deep integration with global supply chains have supported this growth.
Pro-production initiatives such as Production Linked Incentives (PLI) have played a key role in boosting production, investment and competitiveness. With petroleum exports declining, electronics is closing India's gap with traditional export leaders, and industry figures suggest that the sector could reach $45 billion in exports by fiscal 2026 if the current momentum continues.