Smartphones emerge as India’s export champions in FY26

New Delhi: Smartphones led a 24% surge in India’s electronics exports in the last fiscal year as handset makers such as Apple and Samsung made the country a global manufacturing hub, reflecting the success of the government’s production linked incentive (PLI) programme for the segment.

Total exports of electronics goods reached $47.96 billion in FY26, from $38.56 billion in the previous fiscal, an official said.

Smartphone exports climbed nearly 22%, led by strong demand from the US, which imported $19.68 billion worth of devices, an 86% jump over FY25, the official said.