On a tear, India’s electronics soar nearly 47% in Q1 FY26, stealing the spotlight as one of the fastest-growing export segments by far, says Commerce Ministry.
India’s electronics exports posted a robust year-on-year (YoY) growth of 46.93% in June 2025, rising to US$4.15 billion from US$2.82 billion in June 2024, making it one of the fastest-growing export segments for the month, according to a recent data released by the Ministry of Commerce and Industry.
Over the April–June 2025 quarter, exports in the sector climbed 47.11% YoY, reaching US$12.41 billion, compared to US$8.43 billion in the same period last year.
In rupee terms, the growth was even more significant. Exports of electronic goods rose by 51.21% in June 2025—from ₹235.58 billion in June 2024 to ₹356.22 billion. For the full April–June quarter, electronics exports stood at almost ₹1.06 trillion, marking a 50.84% increase over ₹703.58 billion in Q1 FY25.
According to the data, this performance far exceeded the overall merchandise export growth of 1.92%, which rose from US$110.06 billion in Q1 FY25 to US$112.17 billion in Q1 FY26. Within this, non-petroleum exports grew 5.97%, from US$89.42 billion to US$94.77 billion, with electronics playing a key role.
Other major sectors posted far lower quarterly growth rates:
- Drugs and Pharmaceuticals: up 5.21% (US$7.58 billion from US$7.20 billion)
- Engineering Goods: up 3.62% (US$28.90 billion from US$27.89 billion)
- Marine Products: up 19.45% (US$1.95 billion from US$1.63 billion)
- Meat, Dairy and Poultry Products: up 17.42% (US$1.19 billion from US$1.01 billion)
In June 2025 alone, electronics outperformed all other commodities. While marine products grew by 13.33%, meat, dairy & poultry by 19.70%, and pharmaceuticals by 5.95%, electronics nearly doubled its year-on-year monthly value.
Furthermore, the electronics sector’s contribution to total merchandise exports increased, rising from 7.7% in Q1 FY25 to 11.1% in Q1 FY26. This growth aligns with India’s broader strategy of positioning itself as a global electronics manufacturing hub, supported by policy initiatives through the production-linked incentive (PLI) scheme, enhanced infrastructure, and increased investment inflows.
India’s total exports (merchandise and services combined) for April–June 2025 stood at US$210.31 billion, up 5.94% from US$198.52 billion in the previous year.
Combined imports, on the other hand, rose 4.38% to US$230.62 billion, resulting in a trade deficit of US$20.31 billion, which narrowed slightly from US$22.42 billion last year.
