News Details

Electronics climbs to Indiaโ€™s 3rd largest export sector โ€” touching โ‚น3.27 lakh crore in 2024โ€“25!

  2026-02-24

India’s electronics sector has witnessed a remarkable transformation — rising from the 7th largest export category in 2021–22 to the 3rd largest and fastest-growing sector in 2024–25. ๐Ÿš€โšก

๐Ÿ”น Key Highlights

โœ… Strong Current Momentum
Electronics exports reached USD 22.2 billion in the first half of FY 2025–26, moving closer to becoming India’s 2nd largest export segment.

โœ… 8X Growth in a Decade
Exports surged from โ‚น38,000 crore (2014–15) to โ‚น3.27 lakh crore (2024–25).

โœ… Production Boom
Total production expanded six-fold — from โ‚น1.9 lakh crore to โ‚น11.3 lakh crore.

โœ… Mobile Manufacturing Revolution
Production jumped 28 times to โ‚น5.45 lakh crore, while exports skyrocketed 127 times to โ‚น2 lakh crore by 2024–25. ๐Ÿ“ฑ

๐Ÿ”น Strategic Growth Drivers

๐Ÿ”ธ PLI Scheme Impact
Over โ‚น13,000 crore investments attracted and โ‚น5 lakh crore+ exports generated.

๐Ÿ”ธ Electronics Component Manufacturing Scheme (ECMS)
โ‚น22,919 crore allocated to strengthen domestic value chains.

๐Ÿ”ธ Employment Generation
The sector now supports 25 lakh livelihoods across India.

๐Ÿ”ธ Global Leadership
India even surpassed China as the top smartphone exporter to the US in Q2 FY 2025–26. ๐ŸŒ

India’s electronics boom is reshaping global trade dynamics — and understanding these opportunities is crucial for future exporters.

๐ŸŽ“ Learn Export–Import the right way with ICEEL – Import Export Training Institute, one of the best places to build practical knowledge in global trade.

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