India’s electronics hardware exports registered a robust growth of over 30% in FY2024–25, reaching $38.5 billion, underscoring the country’s rising prominence in global electronics manufacturing and supply chains.
The surge has been driven by strong demand for products such as smartphones, consumer electronics, and components, alongside increased participation from global manufacturers leveraging India as a production base. Government initiatives, including production-linked incentive (PLI) schemes and efforts to boost domestic manufacturing, have played a key role in accelerating export growth.
Industry stakeholders note that improved infrastructure, streamlined logistics, and expanding manufacturing ecosystems have further strengthened India’s export competitiveness. Major electronics hubs across states like Tamil Nadu, Uttar Pradesh, and Karnataka have contributed significantly to the growth momentum.
The United States, Europe, and parts of Asia remained key export destinations, with Indian manufacturers increasingly integrating into global value chains. Analysts highlight that diversification strategies adopted by multinational companies are also benefiting India, as firms look to reduce reliance on single-country sourcing.
Despite the strong performance, challenges such as supply chain disruptions, component dependencies, and global market volatility persist. However, exporters remain optimistic, expecting continued growth supported by policy backing and sustained global demand.
With electronics emerging as one of India’s fastest-growing export segments, the latest figures reinforce the country’s ambition to become a major global hub for electronics manufacturing in the coming years.