India's Electronics Exports Hit Record
Analysis based on 7 articles · First reported Jan 15, 2026 · Last updated Jan 19, 2026
The record electronics exports from India, particularly in smartphones, signal a positive outlook for the manufacturing sector and the broader Indian economy. The significant contribution of Apple Inc. to these exports highlights the success of government incentive schemes and could attract further foreign investment, boosting investor confidence in India's manufacturing capabilities.
India's electronics exports reached a record $47 billion in 2025, a 37% increase from the previous year. Smartphone shipments, largely driven by the government's production-linked incentive (PLI) scheme, accounted for approximately $30 billion of this total. Apple Inc.'s iPhone exports from India surged by nearly 85% in 2025, making up about 75% of the country's smartphone exports. Union Minister Ashwini Vaishnaw noted that this momentum is expected to continue into 2026 with the commercial production of four new semiconductor plants. India has become the world's second-largest mobile phone producer, with over 99% of domestically sold phones now 'Made in India.' The smartphone PLI scheme is scheduled to end in March 2026, but the government is considering extending its support.
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