Riding a smartphone export boom and policy tailwinds, India’s electronics exports soar 42% in the first five months of 2025, reinforcing its rise as a global manufacturing and supply-chain powerhouse.
India’s electronics exports have surged 41.9% to US$22.2 billion between April and September 2025, up from US$15.6 billion a year earlier, signalling the sector’s growing importance in the country’s export mix. Smartphone exports led the charge, soaring 58% to US$13.38 billion, compared to US$8.47 billion during the same period in 2024.
According to the Ministry of Commerce and Industry, India’s electronics exports for FY 2024–25 totalled USD 38.6 billion, marking a 32.6% year-on-year rise. The country has now become the world’s third-largest smartphone exporter, highlighted Union Commerce Minister Piyush Goyal at the 4th Annual General Meeting of the Mobile and Electronic Devices Export Promotion Council (MEDEPC) in New Delhi.
Stressing the need to strengthen domestic manufacturing capacity across the electronics value chain, he said greater self-reliance in both finished products and components would be critical to sustaining export momentum and reducing import dependence.
The sector’s rapid growth has been underpinned by policy measures such as the Production Linked Incentive (PLI) scheme and the Electronics Components Manufacturing Scheme (ECMS), which have attracted record investments and encouraged global firms to expand production in India. Major manufacturers, including Apple, Samsung, Foxconn, and Tata Electronics, have significantly ramped up local output under these initiatives.
Government officials said efforts to simplify trade operations, including customs automation and single-window clearances, have reduced compliance burdens and improved export competitiveness. Ongoing Free Trade Agreement (FTA) negotiations with the EU, UK, and EFTA are also expected to open new markets for Indian exporters.
MEDEPC members discussed a roadmap to achieve US$180–200 billion in electronics exports by 2031, emphasising policy consistency, supply chain integration, and infrastructure expansion.
India’s electronics manufacturing output has grown nearly sixfold in a decade, from ₹1.9 lakh crore in 2014–15 to ₹11.3 trillion in 2024–25.
