18-Aug-2025      11:55

India's electronics exports up around 47% on year in first quarter of FY26

Commerce and Industry Minister Piyush Goyal has stated that India's electronics exports have recorded a spike of around 47% in first quarter of 2025-26 over the same quarter in 2024-25. In a social media post, Goyal said, it is a sweet success story for Make in India, which has led to an exponential growth in the electronics production from 31 billion dollars to 133 billion dollars in a decade beginning 2014-15. Goyal noted that government has created several enablers for making India Aatmanirbhar in manufacturing. Mr Goyal said, as a result, India has moved from having two mobile manufacturing units in 2014 to over 300 today. He said, one of the greatest journeys has been the transformation from a mobile importer to becoming the world's second-largest mobile phone manufacturer.

Powered by Capital Market - Live News

News source: Capital Market - Live News