Commerce and Industry Minisher Piyush Goyal has said that India’s electronics production has seen an increase of more than four times in the last decade from $31 billion in 2014-15 to $133 billion in 2024-25. He mentioned that such magnificent growth was accompanied by a tremendous increase in exports, which have increased by more than 47% in Q1 FY26 over the same quarter last year.
According to data by India Cellular and Electronics Association (ICEA), electronics exports were $12.4 billion in Q1 FY26 compared to $8.43 billion in Q1 FY25. Riding on this momentum, the industry body hopes to reach exports to the tune of $46–50 billion by the fiscal year.
Goyal further elaborated upon the long-term transformation seen in the sector. He said, “The mobile phone industry has essentially been at the heart of this journey. A decade ago, India was largely an importer of mobile phones. Today, we have become a global hub for mobile manufacturing and exports. Mobile exports themselves grew 55 per cent in Q1 FY26, rising from $4.9 billion in the same quarter last year to an estimated $7.6 billion.” Non-mobile exports grew at 36% from $3.53 billion to an estimated $4.8 billion.
These includes solar modules, networking equipment, charger adapters, and electronic components: thus, widening India’s export portfolio.
He added that electronics not just strengthened the exports but also created employment opportunities on a large scale with the support of policy initiatives like Phased Manufacturing Programme (PMP), Production Linked Incentive (PLI) schemes, and close industry-state coordination.
Electronics exports from India have experienced sustained double-digit growth in multiple product segments and are set to record a landmark in FY26, thus placing the country firmly in the global supply chains.
