Sunday, December 21, 2025
Sunday, December 21, 2025
HomeBREAKING NEWSIndia’s Smartphone Exports Soar 58% to $7.72 Billion in Q1 FY26, Apple...

India’s Smartphone Exports Soar 58% to $7.72 Billion in Q1 FY26, Apple Leads with $6 Billion

Published on

India smartphone exports reached a historic high in the first quarter of FY2025-26, with shipments surging to $7.72 billion, marking a 58% year-on-year increase from $4.9 billion in Q1 FY25. The explosive growth was led by Apple Inc., which exported iPhones worth $6 billion through its contract manufacturers — an 82% jump compared to the same period last year.

India Smartphone Exports Driven by Apple’s Dominance

Apple alone contributed nearly 78% of India’s total smartphone exports in the quarter. The U.S.-based tech giant has ramped up its manufacturing in India via key partners like Foxconn and Wistron under the Production-Linked Incentive (PLI) scheme.

  • Apple’s FY25 full-year exports: $17.5 billion
  • Apple’s Q1 FY26 exports: $6 billion

Other notable contributors include:

  • Padget Electronics (Dixon Technologies subsidiary): $175 million
  • Samsung: 12% share of total smartphone exports

PLI Scheme Boosts India Smartphone Exports Growth

India’s mobile exports have seen dramatic growth over the past few years:

  • FY21: $3.1 billion
  • FY25: $24.1 billion

The PLI scheme, launched in 2020, has been pivotal in accelerating India’s journey to becoming a global smartphone manufacturing hub by incentivizing large-scale production and exports.

Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.

You May Like

Trending Searches Today |

“India Struck Pakistan Hard and Smart”: Tharoor Praises Operation Sindoor in the US

PM Modi Meets Maldives VP, Speaker to Boost Ties

Asia Cup 2025: India to Clash with Pakistan on September 14 in UAE

AI for India 2.0 Empowers Rural Youth

NEET-PG 2025 to Be Held on August 3: Supreme Court Allows NBE Extension, Denies Further Delay

Bestseller #1
  • PERFORMACE: The fastest processor ever powered by Snapdragon 8 Elite mobile platform with clock speed of 4.3GHz, 3Mn+ An…
  • GAMING: Supercomputing chip Q2, 2K + 144 Hz for lower power consumption and higher energy efficiency. Immersive Gaming E…
  • DISPLAY & DESIGN: World’s 1st Q10 2K 144Hz Ultra Eyecare Display with 6.82″ LTPO AMOLED, 1800nits HBM and 4500nits Local…
₹54,998
Bestseller #2
  • Flagship power made smarter with Qualcomm Snapdragon 8 Elite Mobile Platform – the heart that powers the mind of OnePlus…
  • OxygenOS 15 – Experience the power of all-new OnePlus AI. Search smarter, crank up your creativity, and power your produ…
  • 5th-Gen Hasselblad Camera for Mobile combines a flagship 50MP triple camera system – Wide 50MP Sony’s LYT-808 with OIS, …
₹69,999
Bestseller #3
  • Camera: Sensor: 50MP Main Camera with Sony IMX890 (OIS supported), 8MP Ultrawide Camera (FOV: 120 degree) and Macro Lens…
  • Camera Modes: Nightscape, Ultra HDR, Smart Scene Recognition, Portrait Mode, Pro Mode, Panorama, Tilt-Shift mode, Long E…
  • Display: 6.7 Inches; 120 Hz Super Fluid AMOLED; Resolution: 2772 X 1240 pixels ,450 ppi, 20.1:9, 10-bit Color Depth, HDR…
₹44,999
- Advertisement -

Share Market

Sensex Down 625 Points, Nifty Slips Below 25,800 as IT, Metal Stocks Weigh on Markets

Sensex Down: Indian equity benchmarks opened sharply lower for the second consecutive trading session...

Sensex Ends Lower Today as Markets Slip Amid Weak Global Cues and FII Selling

The Indian equity market retreated on Monday as both benchmark indices slipped after a...

More like this

India Announce Squad for ICC Men’s T20 World Cup 2026 as Suryakumar Yadav Takes Charge

Mumbai:Defending champions and tournament co-hosts India have officially unveiled their squad for the ICC...

Odisha Vigilance Raids Four Location on Forest Ranger Over Disproportionate Assets

Cuttack: Odisha Vigilance on Tuesday carried out simultaneous searches at four locations linked to...

SSC CGL Result 2025 Out Now: Tier 1 PDF, Cut Off & Qualified Candidates List

The Staff Selection Commission (SSC) has officially announced the SSC CGL Result 2025 today,...