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India's electronics exports are booming—here's why it matters

Business

India's electronics exports jumped 47% in Q1 FY26, reaching $12.4 billion and moving the sector up to third place in the country's export rankings by FY25, up from seventh in FY22.
If this pace keeps up, electronics could even overtake petroleum as India's second-biggest export by FY28.
The secret sauce? A massive boost in domestic production and exports since 2014.

Smartphones and factories: India's tech scene is leveling up

Smartphone exports alone hit ₹1 lakh crore in just five months—a huge 55% jump from last year.
Plus, there are now 300 mobile manufacturing units across India, compared to just two back in 2014.
This rapid growth is putting India on the map as a major player in global tech.

Big investments mean more jobs and opportunities

The Electronics Components Manufacturing Scheme, which saw new project approvals this May, has already pulled in double its target investment with ₹1.15 lakh crore committed so far.
Over the next six years, it's expected to spark over ₹10 lakh crore worth of production and create more than one lakh direct jobs—making the future of Indian electronics look pretty exciting for young talent.