Mobile exports find stronger signal, hit record $2.4 billion in October

After festival lull, Apr-Oct shipments power a 50% jump for FY26 so far

Following a brief slowdown in smartphone exports during the festival season in August and September, driven by high domestic demand, exports have picked up, touching a record $2.4 billion in October. This marks the highest export figure ever for both the month of October and the current  financial year to date. In the same month last year, smartphone exports stood at $2 billion.

 

As a result, total smartphone exports for the first seven months (April–October) of 2025–26 reached $16 billion, according to early estimates from industry and trade bodies. This represents a rise of nearly 50 per cent over the