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Trade momentum: India's electronics exports jump 47%; US, UAE and China among top destinations

Trade momentum: India's electronics exports jump 47%; US, UAE and China among top destinations

Time of India13 hours ago
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India's electronics exports surged by 47 per cent in the April-June quarter of FY26, reaching USD 12.41 billion, with the US, UAE, and China emerging as the top destinations, commerce ministry data showed.
The United States alone accounted for a dominant 60.17 per cent share, followed by the UAE (8.09 per cent), China (3.88 per cent), the Netherlands (2.68 per cent), and Germany (2.09 per cent).
'This geographical spread highlights India's growing integration into the global electronics supply chain and underscores the country's emergence as a credible alternative manufacturing hub in Asia,' a government official said, as per news agency PTI.
The data reflects India's deeper engagement with high-value export markets, with similar trends observed in other key sectors.
India's ready-made garments (RMG) exports also rose during the quarter, growing to USD 4.19 billion from USD 3.85 billion a year earlier.
The US remained the largest market for Indian apparel, accounting for 34.11 per cent of total RMG shipments, followed by the UK (8.81 per cent), UAE (7.85 per cent), Germany (5.51 per cent), and Spain (5.29 per cent).
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The official noted that India's competitiveness in apparel is driven by its 'skilled manufacturing base, diversified product offerings, and growing reputation for quality and compliance.'
Marine exports also recorded strong growth, rising by 19.45 per cent to USD 1.95 billion in Q1. The US led the demand with a 37.63 per cent share, followed by China (17.26 per cent), Vietnam (6.63 per cent), Japan (4.47 per cent), and Belgium (3.57 per cent).
According to PTI, diversification in product offerings and improved cold chain logistics have helped sustain India's momentum in seafood exports.
The government official noted a 'common thread' across all three sectors—strong reliance on developed, mature markets, especially the US, which continues to be India's most critical trade partner.
India's overall export momentum has also been buoyed by a rise in automobile shipments. As per industry body SIAM, total automobile exports rose 22 per cent in Q1 to 14.57 lakh units.
Passenger vehicle exports hit a record high of 2.04 lakh units, led by Maruti Suzuki, which dispatched 96,181 units.
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