NEW DELHI: India's smartphone exports touched $13.4 billion in the first half of FY26 (April to September), marking a 59 per cent jump from $8.5 billion in the same period last year, according to industry estimates.
This growth is primarily attributed to iPhone production under the PLI scheme — designed to offset India's cost disadvantages. Apple's iPhone exports totalled approximately $10 billion, accounting for over 75 per cent of shipments in the first half of the year.
In September alone, a threefold increase in smartphone exports to the US pushed total exports to $1.7 billion—the highest monthly growth recorded so far compared to FY25.
The exports in September grew 87 per cent compared to $923 million exported in September 2024. Further smartphone exports to the US rose from $258