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Electronics exports to top ₹3L cr

Financial Express Bengaluru

|

March 25, 2025

INDIA'S ELECTRONICS EXPORTS are set to cross the ₹3-lakh-crore mark for the first time in FY25.

- RISHI RAJ

Though the final numbers are yet to be announced, the April-February figures make it clear that the sector is all but certain to achieve the record.

During the 11-month period, electronics exports touched ₹2.87 lakh crore, up 35% from ₹2.11 lakh crore during the corresponding period in the previous financial year.

The growth in shipments came at a time when the overall merchandise exports remained flat. It reflects the success of the multiple schemes and programmes implemented by the ministry of electronics and IT (MeitY) in the past few years, especially the production-linked incentive (PLI) scheme for smartphones, launched in 2021.

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