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India Expands High-Value Manufacturing with $14 Billion Non-Smartphone Exports
Bolstered by strong demand in semiconductors and printed circuits, India’s non-smartphone electronics exports climbed 32% year-on-year to hit $14 billion in FY25. The category now contributes 9% to total merchandise exports. Industry analysts credit the surge to Production-Linked Incentive (PLI) schemes and improved global partnerships. Officials project exports to reach $18 billion in FY26, reflecting India’s steady transformation into a diversified, high-value electronics manufacturing economy.
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- economy
- exports
Economictimes• By struti
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India Expands High-Value Manufacturing with $14 Billion Non-Smartphone Exports
Bolstered by strong demand in semiconductors and printed circuits, India’s non-smartphone electronics exports climbed 32% year-on-year to hit $14 billion in FY25. The category now contributes 9% to total merchandise exports. Industry analysts credit the surge to Production-Linked Incentive (PLI) schemes and improved global partnerships. Officials project exports to reach $18 billion in FY26, reflecting India’s steady transformation into a diversified, high-value electronics manufacturing economy.
Tags:
- economy
- exports
Economictimes• By struti
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India’s non-smartphone electronics exports rose 32% to $14 billion in FY25, solidifying the nation’s shift toward advanced, high-margin manufacturing sectors.
Bolstered by strong demand in semiconductors and printed circuits, India’s non-smartphone electronics exports climbed 32% year-on-year to hit $14 billion in FY25. The category now contributes 9% to total merchandise exports. Industry analysts credit the surge to Production-Linked Incentive (PLI) schemes and improved global partnerships. Officials project exports to reach $18 billion in FY26, reflecting India’s steady transformation into a diversified, high-value electronics manufacturing economy.
Bolstered by strong demand in semiconductors and printed circuits, India’s non-smartphone electronics exports climbed 32% year-on-year to hit $14 billion in FY25. The category now contributes 9% to total merchandise exports. Industry analysts credit the surge to Production-Linked Incentive (PLI) schemes and improved global partnerships. Officials project exports to reach $18 billion in FY26, reflecting India’s steady transformation into a diversified, high-value electronics manufacturing economy.
Tags:
- economy
- exports
- economy
- exports
- electronics
- India
- trade