HomeEconomyIndia's electronics export surged 47% in Q1 2025-26: Piyush Goyal

India’s electronics export surged 47% in Q1 2025-26: Piyush Goyal

India’s electronics exports surged over 47 % year-on-year in Quarter 1 of 2025-26 over the same quarter in 2024-25, Union Commerce and Industry Minister Piyush Goyal said in a post on X. The exports during the quarter were to the tune of USD 12.4 billion.“Our electronics exports have seen a surge of over 47% in Q1 of 2025-26 over the same quarter in 2024-25. It is a sweet success story for ‘Make In India‘, which has led to an exponential growth in our electronics production from $31 Bn to $133 Bn in a decade beginning 2014-15,” the minister wrote on X.

The government has created several enablers for making India Aatmanirbhar in manufacturing. As a result, India has moved from having 2 mobile manufacturing units in 2014 to over 300 today, he said.

“One of the greatest journeys has been our transformation from a mobile importer to becoming the world’s second-largest mobile phone manufacturer. The electronics sector has also generated large-scale employment opportunities with solar modules, networking devices, charger adapters, and electronic parts, also playing a key role in strengthening our exports,” the X post read.


Exports of electronics goods jumped from Rs 38,000 crore in 2014-15 to Rs 3.27 lakh crore in 2024-25, an 8-fold increase, the post said.For instance, in 2014-15, only 26 % of the mobile phones being sold in India were made in India; the rest were being imported. It is worth mentioning that today, 99.2 % of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24, Goyal said.

Content Source: economictimes.indiatimes.com

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