30 October, 2025

India’s Smartphone Exports Hit ₹1 Lakh Crore in Just 5 Months of FY26

Mobile Phone

India’s smartphone exports have touched a big milestone in the first five months of FY26. According to industry reports, shipments have crossed ₹1 lakh crore between April and August 2025, showing strong global demand for “Made in India” devices.

This surge highlights India’s growing position as a global smartphone manufacturing hub, led by big brands like Apple, Samsung, and Xiaomi, which have expanded their production capacity in the country.

Key Highlights

  • Smartphone exports crossed ₹1 lakh crore in just 5 months of FY26.
  • Growth driven by Apple’s iPhone exports, which form a major share.
  • The Production Linked Incentive (PLI) scheme boosted manufacturing.
  • India is now competing strongly with China and Vietnam in global supply chains.

Industry experts say India could cross ₹2.5 lakh crore in smartphone exports by the end of FY26 if this pace continues.

Government policies like the PLI scheme, tax incentives, and infrastructure improvements have helped global companies shift more production to India.

Why It Matters

  • Boost to economy – Smartphone exports contribute to India’s foreign exchange earnings.
  • Job creation – Expansion of factories provides more employment opportunities.
  • Global recognition – Strengthens India’s image as an electronics manufacturing powerhouse.

Summary Table

AspectDetails
TimeframeApril–August 2025 (5 months of FY26)
Export Value₹1 lakh crore+
Key DriversApple, Samsung, Xiaomi
Policy SupportProduction Linked Incentive (PLI) scheme
Global StandingCompeting with China & Vietnam in smartphone exports
Outlook FY26Expected to cross ₹2.5 lakh crore