India’s exports of electronic goods reached to USD 1.67 Billion in December 2021. It registered a growth of 33.99%, as compared to export of USD 1.25 Bn in December 2020.

Key Points

• During April-December 2021, electronic sector registered a exports growth of 49%, reaching to USD 11.0 Billion against USD 7.4 Billion during in year 2020.
• Against USD 8.8 billion export in April-December 2019 and USD 4.8 Billion in April-December 2014, exports of Electronic Goods witnessed a growth of 26% and 131% respectively.

In April-November 2021, top 5 export destination with their there are:

1. USA (18%)
2. UAE (16.6%)
3. China (7.6%)
4. Netherland (4.5%) and
5. Germany (4.2%).

Major chunk of electronics export

Mobile phones hold a major chunk of India’s Electronics Goods sector exports. The sector includes IT Hardware like laptops & tablets; Industrial electronics, Consumer electronics like TV & audio, LED Lighting, Strategic electronics, Auto electronics, electronic components, Telecom equipment, wearables, and audio devices.

Overall exports in 2020-21

Overall exports of electronics goods in financial year 2020-21 were USD 11.11 Billion. In first three quarter, exports of USD 11.0 Billion achieved.

By: Brijesh Kumar