16-Jan-2025
Key Takeaways
India's electronics exports sector has grown rapidly in recent years thanks to government assistance, technological improvements, and rising demand for high-quality goods worldwide. India has emerged as a major force in the global electronics sector as one of the biggest producers in the world. The nation's exporters are at the forefront of innovation in everything from semiconductors and automobile electronics to cell phones.
In this blog, we will explore the top 10 electronics exporters in India, electronics exports from India, electronics HSN codes, and much more.
The manufacturing of electronics in India is expanding significantly. In FY23, the sector's domestic production value surpassed $101 billion, indicating its potential for continued expansion. By 2030, India's electronics output is projected to reach US$240 billion, making the nation the largest exporter of electronics in the world.
India ranks third in the backend semiconductor manufacturing attractiveness index and is the world's second-largest producer of mobile phones.
The percentage of different types of electronics produced in India:
Here is a table summarizing the electronics export data from India:
|
India Electronics Exports |
Details |
|
Electronics Exports from India in FY24 |
$29.12 billion (up 23.6% from the previous year) |
|
Share in Total Exports (FY24) |
6.6% |
|
Projected electronic goods export from India in 2030 |
$61 billion (more than double the 2023 level of $28 billion) |
|
Leading Exporter State (FY24) |
Tamil Nadu |
|
Future Electronics Exports Target |
$120 billion by 2025–2026 |
|
Current Mobile Phone Export from India |
$16–20 billion |
Based on electronics export data from India, the nation shipped $29.12 billion worth of electronics in 2023–2024 (FY24), a 23.6% increase from the year before.
According to electronics export data, smartphone production, and the PLI program were the main drivers of India's 6.6% electronics export growth in FY24.
It is projected that electronics exports from India will more than double, from US$28 billion in 2023 to US$61 billion in 2030.
According to the federal government, India will export electronics worth USD 120 billion by 2025–2026, up from the current India mobile phone export of USD 16–20 billion.
Here are the top 4 states of India in terms of electronics exports from India:
|
Electronics Export from India state wise |
Electronics Export Data |
Export Share |
|---|---|---|
|
Tamil Nadu |
$9.56 billion |
33% |
|
Karnataka |
$4.6 billion |
16% |
|
Uttar Pradesh |
$4.46 billion |
15.32% |
|
Maharashtra |
$3 billion |
10.62% |
Based on electronics export data, Tamil Nadu remained India's largest exporter of electronics, contributing 32.84% of the nation's total with $9.56 billion in FY24 exports, a 78% increase from the year before.
More than fifteen of the leading electronics exporters in India, including Foxconn, Tata Electronics, Salcomp, and Pegatron, are based there.
This is the major markets for electronics exports from India:
|
Rank |
Electronics Exports by country |
Percentage of Total Exports |
|
1 |
United States |
33% |
|
2 |
United Arab Emirates |
12% |
|
3 |
United Kingdom |
5% |
|
4 |
Netherlands |
5% |
|
5 |
Italy |
4% |
|
6 |
Vietnam |
3% |
|
7 |
Germany |
3% |
|
8 |
Singapore |
3% |
|
9 |
Malaysia |
2% |
|
10 |
France |
2% |
Thus, these are the main markets to which India electronics exports are done. The top five destinations for electronics exports from India in FY24 were the US, the United Arab Emirates, the Netherlands, the United Kingdom, and Italy. However, get in touch with Exportimportdata.in if you require the most recent electronics export data on electronics exporters in India, electronics HSN codes, as well as electronics exports by country.
The following table lists the most popular electronics HSN codes:
|
Electronics HSN Codes |
Product Description |
|
8542 |
Integrated circuits for electronics |
|
85423100 |
Whether or not they are paired with clock and timing circuits, logic circuits, amplifiers, converters, memories, processors, and controllers |
|
8517 |
telephone sets, including phones for other wireless networks or cellular networks; |
|
8536 |
Electrical equipment for electrical circuit protection or switching, |
|
8507 |
Rectangular or not, electric accumulators, including separators associated with them |
|
8415 |
Air conditioners that include a motor-driven fan |
|
85184000 |
Electric amplifiers with an audio frequency |
|
8532 |
Electrical Capacitors: Adjustable, Variable, or Fixed |
Thus, in India and around the world, these are the most often used electronics HSN codes. Get electronics export data at Exportimportdata.in to learn more about electronics exports from India, electronics exporters in India, and other related topics.
The list of electronics products that are most frequently imported and exported is as follows:
|
List of Top Electronics Exports from India |
List of top Indian-imported electronic products |
|
Mobile phones |
Radio navigational aid devices and radar devices |
|
Computer hardware |
Equipment for filming or reproducing videos |
|
Consumer electronics |
Turntables Players of records |
|
Electronic components |
Equipment for traffic control, safety, or electric signals |
|
Medical electronics |
Tapes, records, and other types of recorded media |
Here is a list of the most traded electrical products in India. Therefore, check out electronics export data at Exportimportdata.in to obtain the full list of top electronic goods export from India, electronics HSN codes, electronics exporters in India, and more.
Below are the top exporters of electronics goods from India:
Now here are more details on electronics exporters in India!
Samsung India, a top exporter of electronics in India, controls the market with its state-of-the-art TVs, smartphones, and household appliances. It uses cutting-edge manufacturing facilities to greatly boost the growth of electronics exports from India.
Sony India, which is well-known for manufacturing high-end television, audio, and gaming equipment, keeps expanding its export line. Its dedication to innovation guarantees robust electronics exports by country.
LG Electronics, which is well-known for producing high-quality appliances and consumer electronics, promotes electronic goods export from India by offering a wide variety of products. Its emphasis on cutting-edge technologies and sustainability increases demand worldwide, making it one of the largest exporters of electronics.
Wipro, a leader in consumer electronics and lighting, offers creative solutions for both home and business use. Its robust performance in electronics exports by country is a result of its energy-efficient goods.
Tata Elxsi is the largest exporter of electronics design and software services for the automotive, healthcare, and consumer electronics industries. Innovative R&D and industry collaborations drive its electronics exports from India.
To satisfy demands worldwide, HCL's electronics sector offers hardware and IT-enabled solutions. Enterprise-level items and high-tech breakthroughs are the main drivers of its strong growth in the electronic items export from India.
Maxim Integrated is a top exporter of electronics in India including analog solutions and semiconductors to a variety of sectors. International demand is driven by its emphasis on accuracy and dependability.
Jabil specialises in providing electronics manufacturing services to the telecommunications, automotive, and healthcare sectors. Its export performance is improved by its knowledge of global supply chains.
Micromax is a domestic brand that supplies emerging countries with reasonably priced smartphones and accessories. Customers from all around the world are drawn to its creative features and reasonable pricing.
BEL, a government-owned company, is a pioneer in vital technologies and defence electronics. Radar, communication systems, and military-grade electronics are among its electronic goods exported from India to customers throughout the world.
So, all these above-mentioned companies are considered the top electronics exporters in India. For more electronics export data on these top exporters of electronics in India, electronics HSN codes, and more electronics export companies in India, visit our prominent dashboard.
Below is the list of all the top global electronics exporters with export value:
|
Top electronics exporting countries |
Estimated Electronics Export Data ( in USD) |
Key Products |
|
China |
$700 billion+ |
Components, communication devices, and consumer electronics |
|
United States |
$170 billion+ |
Aerospace electronics, semiconductors, and medical devices |
|
Hong Kong |
$160 billion+ |
Computers, telecommunication devices, and integrated circuits |
|
South Korea |
$150 billion+ |
Display panels, cellphones, and semiconductors |
|
Singapore |
$100 billion+ |
IT products, consumer electronics, and integrated circuits |
|
Germany |
$80 billion+ |
Medical gadgets, industrial machines, and automobile electronics |
|
Japan |
$70 billion+ |
Semiconductors, consumer electronics, and vehicle parts |
|
Netherlands |
$60 billion+ |
Control devices, navigation devices, and semiconductors |
|
Taiwan |
$50 billion+ |
IT products, semiconductors, and display technology |
|
Vietnam |
$40 billion+ |
Computers, smartphones, and electronic parts |
So, all these countries are in the top 10 of the largest exporters of electronics globally. To get more insights on top electronics exporting countries, electronics HSN codes, or top electronics exporters in India, obtain electronics export data at Exportimporttdata.in
Visit Exportimportdata to easily obtain worldwide electronics export data if you are looking for the most recent list of electronics HSN codes or electronics exporters in India or need up-to-date information on electronics exports from India.
We offer reliable, current, and genuine international trade data. With only one subscription, you can access import and export data on our platform at a reasonable cost.
The country is now a net exporter of electronic goods because of the government's policies, improved infrastructure, and trained labor force, which have all helped the electronics exporters in India for these goods expand dramatically in recent years.
Moreover, examine the best electronics export data available on Exportimportdata.in if you choose to pursue the lucrative business of electronics exports from India. To arrange a free live demo with us, click here!
India electronics exports: Consumer electronics
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
The top electronics goods export from India include mobile phones, computer hardware, Consumer electronics, electronic components, and medical electronics.
Based on data on electronics export from India statewise, Tamil Nadu remained India's largest exporter of electronics, contributing 32.84% of the nation's total electronics export with $9.56 billion in 2023-24, a 78% increase from the year before.
In 2023-24, China's electronics exports were estimated to be $700 billion+, making the nation the largest exporter of electronics. Its key electronics export products are electric components, communication devices, and consumer electronics.
In the financial year 2024, mobile phone export from India reached $15.6 billion, a 42% increase from the previous year. This made smartphones India's fourth-largest export item, surpassing motor gasoline and the largest electronic goods export from India.
The United States, the United Arab Emirates, the United Kingdom, the Netherlands, Italy, and Vietnam are the top markets for India electronics exports. Alone, the United States holds more than 30% of total electronics export from India.
Based on electronics export data from India, the nation shipped $29.12 billion worth of electronics in 2023–2024 (FY24), a 23.6% increase from the year before. It is projected that electronics exports from India will more than double, from US$28 billion in 2023 to US$61 billion in 2030.
