India’s electronics exports crossed $47 billion (₹4.15 trillion) in 2025, driven by the production-linked incentive (PLI) scheme for smartphone exports.
Total exports in 2025 grew 37% from $34.93 billion in 2024.
Smartphones under the PLI scheme contributed nearly $30 billion, about two-thirds of total exports.
Major exports also included photovoltaic cells, routers, networking equipment, charger adapters, electronic components, sub-assemblies, and printed circuit board assemblies (PCBAs).
Growth to the next target of $55 billion depends on policy clarity, tariff stability, and global demand.