Bolstered by strong demand in semiconductors and printed circuits, India’s non-smartphone electronics exports climbed 32% year-on-year to hit $14 billion in FY25. The category now contributes 9% to total merchandise exports. Industry analysts credit the surge to Production-Linked Incentive (PLI) schemes and improved global partnerships. Officials project exports to reach $18 billion in FY26, reflecting India’s steady transformation into a diversified, high-value electronics manufacturing economy.