India's Electronics Hardware Exports Surge Over 30% to $38.5 Billion in 2024-25
Synopsis
India's electronics hardware exports have seen a stunning rise of 32.47% in 2024-25, reaching $38.58 billion. This growth is primarily driven by booming smartphone exports, reflecting the country's expanding manufacturing capabilities and international market reach.
Key Takeaways
Electronics hardware exports from India grew by 32.47% in 2024-25.
Exports totaled $38.58 billion , up from $29.12 billion .
Smartphone exports alone reached $24.14 billion .
The United States accounted for 44% of smartphone exports.
Tamil Nadu was the leading state with $15 billion in exports.
New Delhi, March 17 (NationPress) India has witnessed a remarkable surge in its electronics hardware exports for the fiscal year 2024-25, achieving a notable growth of 32.47 percent compared to the previous year, totaling $38.58 billion, as per a report published on Wednesday.
The document from the Electronics and Computer Software Export Promotion Council (ESC) highlighted that exports were valued at $29.12 billion in 2023-24, showcasing a significant rise predominantly fueled by telecom equipment, especially smartphones.
Smartphone exports alone skyrocketed to approximately $24.14 billion in 2024-25, up from $15.57 billion in the preceding year, making it the most substantial segment of India’s electronics hardware export portfolio.
Furthermore, the United States remained the principal market, representing 44 percent of India’s smartphone exports, followed by the United Arab Emirates at 11 percent, the Netherlands at 9 percent, the United Kingdom at 6 percent, and Italy at 5 percent.
Regionally, North America emerged as the largest export destination with shipments valued at $14.70 billion, trailed by Europe at $11.45 billion.
Veer Sagar, Chairman of ESC, noted that initiatives under the Bharat Tech initiative are facilitating Indian companies to penetrate emerging markets like Africa, Latin America, CIS, ASEAN, and SAARC, while also reinforcing their foothold in established regions such as North America and Europe.
Gurmeet Singh, Executive Director at ESC, expressed that the progress in hardware exports has been extraordinary, with telecom equipment, particularly smartphones, driving this growth.
Exports to Russia and CIS countries more than tripled to $1.10 billion, whereas the Middle East accounted for $5.20 billion.
“Shipments to the Far East, Korea, and Japan surged by 48.56 percent to $1.75 billion,” the report stated.
In terms of state contributions, Tamil Nadu topped the list with exports worth $15 billion in 2024-25, followed by Karnataka at $7.85 billion, Uttar Pradesh at $5.30 billion, Maharashtra at $3.60 billion, Gujarat at $2.80 billion, and Delhi at $1 billion.
The report data indicates that India’s electronics manufacturing and export landscape is broadening beyond conventional clusters, with growth now observed across various regions.
Point of View
The surge in India's electronics hardware exports is a testament to the country's expanding manufacturing capabilities and its potential to become a global player in the tech industry. The focus on emerging markets and the rise in smartphone exports are encouraging signs for economic growth.
NationPress
10 May 2026
Frequently Asked Questions
What drove the increase in India's electronics hardware exports?
The significant increase was primarily driven by telecom equipment, particularly smartphones, which saw exports rise dramatically.
Who are the main markets for Indian smartphone exports?
The United States is the largest market, followed by the United Arab Emirates, Netherlands, United Kingdom, and Italy.
Which Indian state had the highest electronics exports?
Tamil Nadu led with exports worth $15 billion in 2024-25.
How much did smartphone exports grow?
Smartphone exports rose to approximately $24.14 billion in 2024-25 from $15.57 billion the previous year.
What initiatives are supporting this growth?
Initiatives under the Bharat Tech banner are helping Indian companies expand into emerging markets and strengthen their presence in established regions.
