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India’s smartphone exports reached a record $2.4 billion (₹21,274 crore) in October 2025, marking the highest-ever monthly figure for the sector. This compares with ₹17,728 crore ($2 billion) recorded in October 2024, highlighting strong year-on-year growth in the country’s electronics manufacturing and export base.

Export Performance Overview

From April to October FY26, smartphone exports were valued at ₹1,41,824 crore ($16 billion), a nearly 50% increase from ₹93,958 crore ($10.6 billion) in the same period last year. Exports during the first seven months of FY26 have already surpassed the FY24 full-year total of ₹1,37,392 crore ($15.5 billion).

Major Export Contributors

Roughly 75% of the total exports were driven by Apple’s vendor ecosystem, led by Foxconn and Tata Electronics, while Samsung accounted for about 14%. The remaining share came from Indian smartphone manufacturers.

Manufacturing and Policy Support

The surge in exports underscores India’s growing role in global electronics supply chains, supported by the government’s Production-Linked Incentive (PLI) scheme. The expanding export volume highlights the country’s increasing competitiveness and manufacturing scale in the mobile devices segment.

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