Not only smartphones but semiconductor investments and policy support are fuelling India’s electronics export surge, as the country targets $200 billion by 2030 amid rising global demand.
India’s non-smartphone electronics exports crossed $14 billion in FY 2024-25, contributing to a record $38.57 billion in overall electronics exports, according to the Electronics and Computer Software Export Promotion Council (ESC). The sector posted 32.47% year-on-year growth, with electronics now making up 9% of India’s total merchandise exports, up from 6.73% the previous year.
Smartphones remained the top driver, but non-smartphone categories showed strong momentum. Photovoltaic cells generated $1.12 billion, telecom equipment and parts $1.4 billion, and rectifiers, inverters, and chargers together exceeded $2.5 billion. Medical electronics contributed $0.4 billion, while PCs and digital processing units added $0.81 billion.
State-level performance highlighted Tamil Nadu as the top exporter with $14.65 billion, followed by Karnataka at $7.8 billion, Uttar Pradesh at $5.26 billion, Maharashtra at $3.5 billion, and Gujarat at $1.85 billion.
ESC officials noted that India’s export momentum is being reinforced by semiconductor investments and policy support. The government recently approved four new chip units in Odisha, Punjab and Andhra Pradesh worth ₹46 billion, alongside larger projects such as Micron’s ₹225.16 billion ATMP facility in Gujarat and Tata Electronics’ ₹910 billion fab in Dholera.
Moreover, the upcoming Electronic Component Manufacturing Scheme (ECMS) is also expected to strengthen domestic supply chains and reduce import reliance. According to ESC, growth is being supported by production-linked incentives, tax reforms, skilling initiatives and SME assistance, with India targeting $200 billion in electronics exports by 2030.
