India has recorded a major milestone as Apple’s suppliers exported $2.5 billion worth of components and sub-assemblies to China in FY2026, driven by the government’s Electronics Component Manufacturing Scheme (ECMS). This marks a significant shift, as India traditionally depended on imports from China for such components.
The exports include key components such as PCB assemblies, mechanical parts, housings, and flex circuits, produced by major Apple ecosystem players like Foxconn, Tata Electronics, Pegatron, and Motherson. The surge reflects rapid growth in India’s electronics manufacturing capabilities, supported by policy initiatives like PLI and ECMS.
Industry estimates suggest exports could reach $3.5 billion by the end of FY2026, indicating a structural shift where India is emerging as a component supplier to global manufacturing hubs, including China.
Why This Matters
• Signals a reverse supply chain shift (India → China)
• Strengthens India’s electronics manufacturing ecosystem
• Boosts domestic value addition in smartphone production
• Positions India as a global electronics component export hub