?India Emerges as Key Electronics Exporter to China?
India has hit a record by exporting $2.5 billion in Apple components to China, signaling a major shift from earlier import dependence. Exports could reach $3.5 billion in FY26, driven by suppliers like Foxconn, Tata Electronics, and Pegatron India.
This growth is supported by government schemes like PLI and ECMS, which have strengthened local manufacturing. Apple alone produced $70 billion worth of iPhones in India, with most exported.
With rising competitiveness, India is set to expand its role in global electronics supply chains, potentially capturing 30–35% of global mobile production, while China becomes a key export market.
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