# Electronics exports hit Rs 4.24 lakh crore but component shipments shrink 16%

2026-08-13T23:09:07+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

India’s electronics exports surged 11-fold to Rs 4.24 lakh crore in FY2025-26, making electronic goods the country’s third-largest export category, the government said. Mobile phones rose from the 153rd-biggest export item in FY2014-15 to India’s largest export product. The sector has created 12 lakh jobs, with women making up nearly 70% of the mobile manufacturing workforce, according to the government release. The digital economy now accounts for up to 14% of GDP. 5G services cover 99.9% of districts. Yet the Economic Times reports that electronic component exports fell 16% year-on-year to $1.34 billion in the June quarter of FY27, the only category to shrink in the $22-billion electronics export basket. Officials cited a worsening shortage of printed circuit boards (PCBs) due to the Iran war, copper-clad laminate prices surging over 300%, and a 51% drop in component shipments to the US after a 50% import duty. The PCB industry warns production could fall 30-40% in three months if the shortage persists.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/indias-electronics-exports-surge-11-fold-to-424-lakh-crore-womens-workforce-nears-30/article71340437.ece>
- economictimes.indiatimes.com <https://economictimes.indiatimes.com/tech/technology/pcb-crunch-us-tariffs-shrink-q1-electronic-component-exports/articleshow/133227224.cms>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:13:39+00:00.

Tags: 5G coverage, digital economy, electronics exports, mobile manufacturing, PLI scheme, women workforce
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