New Delhi, April 23 -- India's electronics exports recorded a sharp 24 percent growth in FY26, led by a strong surge in smartphone shipments as global majors like Apple and Samsung continued to scale up manufacturing in the country.
Total electronics exports rose to USD 47.96 billion in FY26 from USD 38.56 billion in the previous fiscal, underscoring India's growing position as a global manufacturing hub, The Economic Times reported.
Smartphones lead export momentum
Smartphone exports grew nearly 22 percent during the year, driven by robust demand from key markets. The United States emerged as the largest destination, importing devices worth USD 19.68 billion, an 86 percent increase over FY25.
The strong performance reflects the succe...
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