India Aims to Strengthen Domestic Capabilities in Electronics Export Sector
India's Commerce and Industry Minister, Piyush Goyal, emphasized the need for greater self-reliance in the electronics sector during the 4th Annual General Meeting (AGM) of the Mobile and Electronic Devices Export Promotion Council (MEDEPC). The event highlighted India's strong export performance in the electronics manufacturing sector, with exports rising 41.9 percent to USD 22.2 billion in the first half of FY 2025-26. Key industry stakeholders and senior officials from the Ministry of Commerce and Industry, the Directorate General of Foreign Trade (DGFT), and other organizations attended the meeting to discuss strategies for achieving India's target of USD 180-200 billion in electronics exports by 2031. Rising domestic sourcing of key components and progress in Free Trade Agreement (FTA) negotiations with the EU, UK, and EFTA were also discussed as crucial factors in reinforcing India's position in global value chains.
Key Takeaways:
- India's electronics manufacturing sector has recorded strong export performance, with a 41.9 percent increase in exports to USD 22.2 billion in April-September 2025 compared to USD 15.6 billion in the same period last year. Smartphone exports rose 58 percent to USD 13.38 billion in the same period.
- Domestic sourcing of key components, including batteries, chargers, camera modules, and display units, has strengthened value addition and reinforced India's position in global value chains amid supply-chain realignments.
- The government has made ongoing efforts to streamline trade processes, including customs automation, single-window clearances, and export facilitation mechanisms at major ports and industrial clusters.
- India aims to achieve USD 180-200 billion in electronics exports by 2031, with emphasis on consistent policy support, robust logistics and infrastructure, clean energy integration, and close industry-government collaboration. MEDEPC has committed to advancing the industry's export objectives by addressing policy challenges, supporting exporters, and enhancing India's competitiveness in the global electronics market.
- The Free Trade Agreement (FTA) negotiations with the EU, UK, and EFTA are expected to widen market access for Indian electronics.
- India is now the world's third-largest smartphone exporter.
Statistics:
- Electronics exports rose 41.9 percent to USD 22.2 billion in April-September 2025, up from USD 15.6 billion in the same period last year.
- Smartphone exports registered a 58 percent increase, reaching USD 13.38 billion compared to USD 8.47 billion in April-September 2024.
- Electronics exports stood at USD 38.6 billion in FY 2024-25, a 32.6 percent year-on-year increase.
- India aims to achieve USD 180-200 billion in electronics exports by 2031.
Sources:
- "India's electronics exports to rise 41.9% in FY 2025-26, minister says," published by HT Digital Content Services with permission from KNN (Knowledge & News Network).