SRINAGAR: India’s smartphone exports touched USD 2.56 billion in January 2026, reflecting a strong surge that has defied normal seasonal trends, the government informed Parliament on Tuesday.
Responding to an unstarred question by a group of MPs, including Dhairyasheel Mohite Patil, Amol Ramsing Kolhe, and Supriya Sule, Minister of State for Commerce and Industry Jitin Prasada said the growth in smartphone exports is largely driven by government policies aimed at integrating India into global value chains and enhancing manufacturing competitiveness.
According to the data tabled in the Lok Sabha, India exported USD 21.37 billion worth of smartphones during April–December 2025.
The government said Maharashtra contributed USD 594 million to the overall smartphone exports during the same period, reflecting the role of manufacturing and assembly units located in industrial hubs such as Mumbai, Pune and Nashik.
The minister said incentives under the Production Linked Incentive Scheme for Large Scale Electronics Manufacturing are available on a pan-India basis. At present, seven companies from Maharashtra have been approved under the specified electronic components target segment, and they have together received incentives amounting to Rs 47 crore under the scheme.
To strengthen the domestic electronics ecosystem, the government launched the Electronics Components Manufacturing Scheme in April 2025. The scheme aims to build a robust component value chain, increase domestic value addition and expand India’s share in global electronics trade.
The government has also introduced broader export facilitation measures. These include the Export Promotion Mission, approved by the Union Cabinet in November 2025, which focuses on improving trade finance access, export credit, logistics support and market access for exporters, particularly micro, small and medium enterprises.
In addition, the Export Credit Guarantee Corporation of India has enhanced insurance coverage for banks to 90 per cent for export credit loans up to Rs 80 crore, while collateral-free cover has been introduced for micro and small enterprises for working capital limits up to Rs 10 crore.
The government has also launched the Trade Connect e-Platform, a single-window digital platform designed to provide exporters with trade-related information and connect them with Indian missions abroad and export promotion councils.
The ministry said the government is also working to help exporters utilise the benefits of recently concluded free trade agreements with partners such as the European Free Trade Association, the United Kingdom, and the European Union to further boost India’s export growth.
