India’s Electronics Exports Surge Over 30% to $38.5 Billion in 2024-25

New Delhi — India’s electronics hardware exports witnessed a strong surge in 2024-25, growing by 32.47 per cent year-on-year to reach $38.58 billion, according to a report by the Electronics and Computer Software Export Promotion Council (ESC).

This marks a sharp rise from $29.12 billion recorded in 2023-24, with telecom equipment — especially smartphones — driving the bulk of the growth.

Smartphone exports alone jumped significantly to an estimated $24.14 billion, up from $15.57 billion the previous year, making them the largest contributor to India’s electronics export basket.

The United States remained the top destination, accounting for 44 per cent of smartphone exports. Other key markets included the United Arab Emirates (11 per cent), the Netherlands (9 per cent), the United Kingdom (6 per cent), and Italy (5 per cent).

Region-wise, North America emerged as the largest export destination with shipments worth $14.70 billion, followed by Europe at $11.45 billion.

ESC Chairman Veer Sagar said initiatives under the Bharat Tech banner are helping Indian firms expand into emerging markets such as Africa, Latin America, CIS, ASEAN, and SAARC, while also strengthening their footprint in established regions.

Echoing this, ESC Executive Director Gurmeet Singh described the growth momentum as “remarkable,” highlighting telecom equipment — led by smartphones — as the key driver.

Exports to Russia and CIS countries more than tripled to $1.10 billion, while the Middle East accounted for $5.20 billion. Shipments to the Far East, including Korea and Japan, also saw robust growth of 48.56 per cent, reaching $1.75 billion.

Among Indian states, Tamil Nadu led the chart with exports worth $15 billion, followed by Karnataka ($7.85 billion), Uttar Pradesh ($5.30 billion), Maharashtra ($3.60 billion), Gujarat ($2.80 billion), and Delhi ($1 billion).

The report highlights that India’s electronics manufacturing and export ecosystem is no longer limited to traditional hubs, with growth now spreading across multiple regions, strengthening the country’s position as a global electronics exporter.

With inputs from IANS