Electronics exports up 47% in April-June quarter, led by US, UAE, China

India's electronics exports experienced a substantial surge in the April-June quarter of FY26, increasing by 47% to reach Rs. 1,07,123 crore (US$ 12.41 billion), according to commerce ministry data. The United States (US), the United Arab Emirates (UAE), and China emerged as the top three export destinations for the sector during this period, with the Netherlands and Germany also serving as major markets. This geographical diversification underscores India's expanding integration into the global electronics supply chain and its growing prominence as a credible alternative manufacturing hub in Asia. Union Minister for Electronics and Information Technology, Railways, and Information & Broadcasting, Mr. Ashwini Vaishnaw, stated on Saturday that India's electronics exports have now exceeded Rs. 3,45,280 crore (US$ 40 billion), representing an eight-fold increase over the past 11 years, while domestic electronics production has seen a six-fold rise. The US continues to be India's largest export destination, accounting for a dominant 60.17% share, followed by the UAE at 8.09%, China at 3.88%, the Netherlands at 2.68%, and Germany at 2.09%.
Beyond electronics, the US remains the primary export destination for India's ready-made garments (RMG), claiming a 34.11% share of shipments. The United Kingdom (UK) follows with 8.81%, the UAE with 7.85%, Germany with 5.51%, and Spain with 5.29%. RMG exports of all textiles rose to Rs. 36,168 crore (US$ 4.19 billion) during April-June this fiscal, compared to Rs. 33,233 crore (US$ 3.85 billion) in the same quarter last fiscal. The knitwear hub of Tiruppur alone recorded an 11.7% growth in RMG exports during Q1 FY26. This reflects India's sustained competitiveness in the global apparel market, supported by its skilled manufacturing base, diverse product offerings, and a growing reputation for quality and compliance. In FY25, India's RMG sector, a crucial component of the textiles industry, grew by 10.03% to Rs. 1,38,026 crore (US$ 15.99 billion) from Rs. 1,25,423 crore (US$ 14.53 billion) in FY24. Similarly, marine exports increased by 19.45% to Rs. 16,832 crore (US$ 1.95 billion) during April-June this fiscal, driven by strong demand from key markets like the US, which holds a 37.63% share, followed by China at 17.26%, Vietnam at 6.63%, Japan at 4.47%, and Belgium at 3.57%. Diversification in product offerings, improved cold chain logistics, and adherence to international quality standards have been vital in maintaining India's competitive edge in the global seafood market. The consistent emergence of the US as the leading destination across electronics, RMG, and marine products highlights its critical role as India's most significant trade partner.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.