India's Electronics Exports Surge 47% In Q1 FY2025-26

New Delhi, Aug 18 (KNN) India's electronics exports have demonstrated robust growth with a 47 percent increase in the first quarter of fiscal year 2025-26 compared to the corresponding period in the previous fiscal year, according to Commerce and Industry Minister Piyush Goyal.

The minister attributed this growth to the success of the Make in India initiative, describing it as ‘a sweet success story’ in a social media statement. The program has contributed to significant expansion in India's electronics production capabilities over the past decade.

Electronics production in India has experienced substantial growth, rising from USD 31 billion in 2014-15 to USD 133 billion over the subsequent ten-year period. This represents more than a four-fold increase in the sector's output value.

Goyal highlighted the government's role in establishing various support mechanisms to advance India's self-reliance in manufacturing. These enablers have facilitated the country's transformation in the electronics sector, particularly in mobile device manufacturing.

The mobile manufacturing landscape in India has undergone dramatic changes since 2014. The country has expanded from having just two mobile manufacturing units in 2014 to operating over 300 such facilities currently.

India has achieved a significant milestone in global mobile phone production, transitioning from being primarily a mobile phone importer to becoming the world's second-largest mobile phone manufacturer. This transformation represents what Goyal characterised as ‘one of the greatest journeys’ in the sector's development.

(KNN Bureau)