ENA Economy 2025-08-08 14:27:27 <p><span style="font-size:14px"><strong>New Delhi, Aug 8 (KNN)</strong> Indias electronics exports rose 47 percent year-on-year to USD 12.4 billion (Rs 1.09 lakh crore) in the first quarter of FY26, driven by strong shipments of mobile phones, according to industry data released by the India Cellular and Electronics Association (ICEA) on Thursday. </span></p> <p><span style="font-size:14px">In the same quarter last year, electronics exports stood at USD 8.43 billion.</span></p> <p><span style="font-size:14px">Mobile phones were the top-performing segment, with exports surging 55 percent year-on-year to USD 7.6 billion. </span></p> <p><span style="font-size:14px">Non-mobile electronics, including solar modules, networking gear, charger adapters, and components, recorded 36 percent growth to USD 4.8 billion. </span></p> <p><span style="font-size:14px">ICEA attributed the performance in mobile exports to the production-linked incentive (PLI) scheme for handset manufacturing and strong output from premium brands such as Apple and Samsung.</span></p> <p><span style="font-size:14px">ICEA chairman Pankaj Mohindroo called the growth a strategic national achievement but said greater efforts were needed to expand non-mobile categories such as IT hardware, wearables, hearables, and consumer electronics. </span></p> <p><span style="font-size:14px">He stressed the need for an indigenous supply chain and globally competitive Indian brands across the value chain.</span></p> <p><span style="font-size:14px">Indias electronics exports grew from USD 29.1 billion in FY24 to USD 38.6 billion in FY25 and are projected to reach USD 46 50 billion by FY26-end, according to ICEA. </span></p> <p><span style="font-size:14px">Electronics manufacturing output has expanded from USD 31 billion in FY15 to USD 133 billion in FY25, supported by policies including the Phased Manufacturing Programme (PMP), PLI schemes, and industry state collaboration.</span></p> <p><span style="font-size:14px">Mohindroo said the sectors next challenge lies in building resilience, increasing value addition, and strengthening the domestic supply chain to maintain competitiveness in the global market.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43111 https://knnindia.co.in/news/newsdetails/economy/indias-electronics-exports-jump-47-in-q1-fy26-to-usd-124-bn-icea 2025-08-08 14:27:27 knnindia.co.in