Electronics goods exports clock 35% surge to record high
India’s electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting the increase in foreign demand for high- value Indian goods and rising domestic production capacities, data compiled by the Commerce Ministry showed
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New Delhi: India’s electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting the increase in foreign demand for high- value Indian goods and rising domestic production capacities, data compiled by the Commerce Ministry showed.
Commerce Secretary Sunil Barthwal said, “In December 2024, electronic goods exports have been highest so far in the last 24 months.”
Electronics goods have emerged as the fastest-growing segment in India’s export basket as new manufacturing capacities have come up in the country driven by the success of the Centre’s production-linked incentive (PLI) scheme. The country’s electronic exports jumped by a robust 27.4 per cent to $22.5 billion in April-November of 2024-25, from $17.66 billion during the same period in 2023-24.
