ICEA projects USD 46-50 billion in electronics exports this year; calls for sustained push to achieve scale and competitiveness
New Delhi, August 7th, 2025: India’s electronics exports have witnessed a sharp rise in the first quarter of FY26, with a 47% year-on-year growth led by a strong performance in mobile phone exports. According to data compiled by the India Cellular and Electronics Association (ICEA), electronics exports reached USD 12.4 billion in Q1 FY26, up from USD 8.43 billion in the same period last year.
The standout performer was the mobile phone segment, which grew by 55%, from USD 4.9 billion in Q1 FY25 to estimated USD 7.6 billion in Q1 FY26. Non-mobile electronics exports also posted solid growth, rising from USD 3.53 billion to estimated USD 4.8 billion, an increase of 36%. These include key product segments such as solar modules, switching and routing apparatus, charger adapters and parts, and components. While mobile phones have led India’s electronics export growth, a major thrust is now required to scale up these non-mobile categories to broaden the country’s electronics export base.
Mr. Pankaj Mohindroo, Chairman, ICEA, said, “We congratulate the mobile phone industry for this outstanding performance. 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.”
India’s electronics manufacturing sector has undergone a historic transformation over the past decade. Total electronics production rose from USD 31 billion in FY15 to USD 133 billion in FY25, driven by targeted industrial strategy. This growth was enabled by well-calibrated policy interventions such as the Phased Manufacturing Programme (PMP), Production Linked Incentive (PLI) schemes, and strong state-industry collaboration.
“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,” Mr. Mohindroo added.
This strong start to the fiscal year comes on the back of record-breaking growth in the previous two years. India’s total electronics exports grew from USD 29.1 billion in FY24 to USD 38.6 billion in FY25, demonstrating the rising global competitiveness of the country’s electronics manufacturing base.
With this momentum, ICEA projects that electronics exports are expected to touch USD 46–50 billion by the end of the fiscal year.
Mr. Mohindroo concluded by urging caution and a sustained push to achieve long-term competitiveness. “We cannot afford to rest. These export figures are encouraging, but this is just the beginning. The real challenge begins now, which is building resilience, deepening value addition, and strengthening our supply chain. We must stay focused, sharpen our competitive edge, and push forward with consistency. The global opportunity is massive, but it demands staying power, not just momentum.”
ICEA reaffirmed its commitment to working with the government and industry to consolidate India’s position in global electronics supply chains, expand exports, and scale value addition across all segments.
