Government Plans Relief Package To Support Exporters Hit by 50% Trump's Tariffs
India’s electronics exports surged over 47 per cent year-on-year in Quarter 1 of 2025-26 over the same quarter in 2024-25, Union Commerce and Industry Minister Piyush Goyal said in a post on X. The exports during the quarter were to the tune of USD 12.4 billion.
India’s Electronics Exports Soar, Boosting Manufacturing
“Our electronics exports have seen a surge of over 47% in Q1 of 2025-26 over the same quarter in 2024-25. It is a sweet success story for ‘Make In India’, which has led to an exponential growth in our electronics production from $31 Bn to $133 Bn in a decade beginning 2014-15,” the minister wrote on X.
The government has created several enablers for making India Aatmanirbhar in manufacturing. As a result, India has moved from having 2 mobile manufacturing units in 2014 to over 300 today, he said.
“One of the greatest journeys has been our transformation from a mobile importer to becoming the world’s second-largest mobile phone manufacturer. The electronics sector has also generated large-scale employment opportunities with solar modules, networking devices, charger adapters, and electronic parts, also playing a key role in strengthening our exports,” the X post read.
India’s Electronics Exports Surge: 8-Fold Growth
Exports of electronics goods jumped from Rs 38,000 crore in 2014-15 to Rs 3.27 lakh crore in 2024-25, an 8-fold increase, the post said.
For instance, in 2014-15, only 26 per cent of the mobile phones being sold in India were made in India; the rest were being imported.
It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24, Goyal said. (Inputs from ANI)
Also Read: Donald Trump Targets Russia’s Energy Allies: Which Countries Could Bear the Brunt of Tariffs?
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
FIFA World Cup 2026 Draw: Complete List Of Team-Wise Groups Revealed, Check Here
The official draw took place at the Kennedy Center in Washington, DC, and looked more…
Amit Shah Issues Big Statement, Says After Commonwealth Games, Ahmedabad Will Host Olympics In 2036
Before the Olympics, Shah said, Ahmedabad will host nearly a dozen national and international sports…
From Jhol Momo To Kulfi: Inside Full Menu Served To Russian President Putin At Rashtrapati Bhavan
The banquet began with a warm, clear soup called Murungelai Chaaru. This was followed by…
