Business

India’s Electronics Exports Surge 47% In Q1 FY26; US Leads With 60% Share

India’s electronics exports witnessed a robust 47% year-on-year growth during the April–June quarter of FY26, reaching $12.41 billion, according to data released by the Commerce Ministry.

US Tops List of Export Destinations

The United States emerged as the leading destination for Indian electronic goods, accounting for a significant 60.17% of the total exports.

The United Arab Emirates followed with an 8.09% share, while China held a 3.88% share. Other key markets included the Netherlands (2.68%) and Germany (2.09%).

Officials attributed this wide geographical spread to India’s growing importance in the global electronics supply chain and its rise as a competitive and reliable manufacturing hub in Asia.

RMG Exports to the US Dominant Market Share

India’s ready-made garments (RMG) exports also recorded steady growth.

During Q1 FY26, the sector generated $4.19 billion, compared to $3.85 billion in the same quarter last year.

The US once again led the demand, importing 34.11% of India’s total RMG exports. The UK followed with 8.81%, the UAE with 7.85%, Germany with 5.51%, and Spain with 5.29%.

Officials credited this performance to India’s skilled workforce, a wide variety of product offerings, and its reputation for quality and timely delivery.

For the full financial year 2024–25, India’s RMG exports grew by 10.03%, reaching $15.99 billion, up from $14.53 billion in 2023–24.

Marine Exports Grow Nearly 20% in Q1

India’s seafood sector also reported a strong performance. Marine product exports rose by 19.45% to $1.95 billion in the April–June quarter.

The US remained the largest importer of Indian seafood, accounting for 37.63% of the total. China (17.26%), Vietnam (6.63%), Japan (4.47%), and Belgium (3.57%) also contributed significantly.

For the full year 2024–25, marine exports reached $7.41 billion, marking a 4.5% annual growth.

Officials attributed the increase in seafood exports to improvements in cold chain logistics, expanded product diversity, and adherence to international quality standards.

Also Read: Indian Markets Open Flat As Investors Eye India–US Trade Developments

Purnima Mishra

Recent Posts

Asian Geography Conference Champions Youth As Vanguards Of National Development

Colonel Mustafa urges youth to use geography actively for disaster management, policy, and national development.

2 hours ago

India Sends Record 111-Member Squad To Deaflympics 2025 In Tokyo

India names a record 111-member team for Deaflympics 2025, competing across 11 sports disciplines.

2 hours ago

PM Modi, Leaders Extend Birthday Wishes to Bharat Ratna LK Advani

PM Modi, Amit Shah, and leaders extend birthday wishes to Bharat Ratna LK Advani.

3 hours ago

Justice Vikram Nath Hails PM Modi’s Vision For Accessible & Technology-Driven Justice At NALSA Conference

Justice Vikram Nath praised PM Modi’s vision for inclusive, tech-driven justice and legal empowerment.

3 hours ago

Justice Surya Kant Calls For Empathetic Tech-Driven Legal Aid System At NALSA Conference

Justice Surya Kant urged empathetic, tech-driven legal aid reforms to make justice accessible and inclusive.

3 hours ago

SC To Live Stream National Conference On Legal Aid & Legal Services Day Celebrations

Supreme Court to live stream NALSA’s National Conference and Legal Services Day celebrations online.

3 hours ago