Smartphone exports grew by 58% to US$13.38 bn in April-Sept
India’s overall electronics exports surging by 41.9%, reaching US$22.2 billion during April–September 2025, compared to US$15.6 billion in the same period last year, Commerce and Industry Minister Piyush Goyal told an industry event in New Delhi on 29 Oct https://fieo.org/.
Smartphone exports grew by an impressive 58%, touching US$13.38 billion, up from US$8.47 billion in the corresponding period of 2024.
In FY 2024–25, India recorded US$38.6 billion in electronics exports, a 32.6% year-on-year increase, firmly establishing its expanding role in global value chains https://www.nseindia.com/.
“India now ranks as the third-largest smartphone exporter globally, a significant milestone in the country’s journey toward manufacturing leadership,” Minister Goyal said at the 4th Annual General Meeting (AGM) of the Mobile and Electronic Devices Export Promotion Council (MEDEPC).
“India’s deepening participation in global value chains (GVCs) underscores its transformation into a resilient and trusted manufacturing hub, offering stability and scale amid global supply chain realignments,” he informed industry stakeholders https://www.bseindia.com/.
“Increasing domestic sourcing of critical components — including batteries, chargers, camera and display modules — has further enhanced local value addition and self-reliance,” added the Minister http://commerce.gov.in.
Under the guidance of the Ministry, the government has undertaken a series of measures to simplify trade operations and enhance export competitiveness. Initiatives such as customs automation, single-window clearances, and export facilitation cells across major ports and industrial clusters have streamlined logistics and reduced compliance burdens for exporters.
He also highlighted that the ogoing Free Trade Agreement (FTA) negotiations with the EU, UK, and EFTA aim to unlock new market access opportunities for Indian electronics manufacturers.
Meanwhile, the Electronics Component Manufacturing Scheme (ECMS) and the Production Linked Incentive (PLI) schemes are accelerating domestic manufacturing depth and reducing import dependence, he shared https://sbi.com.in/.
The AGM also discussed India’s roadmap to achieve US$180–$200 billion in electronics exports by 2031, emphasizing the importance of policy consistency, robust infrastructure, green energy integration, and active industry collaboration.
The government has set a target of US$500 billion in electronics manufacturing by 2030.
As the apex export promotion body for mobile phones and electronic devices, MEDEPC continues to play a central role in bridging industry and government priorities. By identifying policy bottlenecks, supporting exporters, and aligning with the industry’s growth vision, MEDEPC is driving initiatives that strengthen India’s global competitiveness and export capabilities. Fiinews.com
