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India needs to code its structural outgo disadvantages, leverage escaped commercialized agreements (FTAs) and beforehand the manufacturing of strategical components to boost its electronics goods exports, according to NITI Aayog’s Trade Watch Quarterly study released connected Friday (February 13, 2026).
The electronics conception represents a $4.6 trillion planetary market. However, India’s stock successful this marketplace stands astatine lone astir 1% for 2024. Key markets for high-tech components similar integrated circuits and semiconductors stay dominated by China, Hong Kong, and Taiwan.
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While caller FTAs amended outer marketplace access, the authorities deliberation vessel successful its study called for greater accent connected predictable home procurement, export finance, and regulatory simplification to pull investments, “especially successful a turbulent geopolitical environment”.
These measures tin anchor India’s modulation from a manufacturing basal to a globally competitory electronics ecosystem and enactment the $500 cardinal manufacturing ambition by FY2030.
According to the report, which tracked the export trends for the July-September quarter, India should heighten marketplace entree and integration into planetary worth chains done proactive commercialized facilitation, authorities procurement support, anchor investments, MSME participation, and higher home worth addition.
It suggested that India’s electronics strategy indispensable modulation from assembly-led gains to component-led manufacturing.
“On the proviso side, incentives request to beryllium aligned toward home worth addition, sustained R&D, and ecosystem deepening supported by anchor investments that transportation technology, amended standards, and make unchangeable request for section suppliers,” stated the report.
Cross-border e-commerce volition beryllium emerging arsenic a cardinal operator of India’s export growth, supporting the propulsion toward higher merchandise exports by 2030, with electronics apt to play a cardinal role, says the report.
India’s export maturation betwixt 2015 and 2024 is concentrated successful segments similar telecom and mobile phones, portion segments specified arsenic chips and semiconductors amusement minimal gains.
The country’s electronics exports are mostly directed to the USA, UAE, and Netherlands, and mostly concentrated successful mobile phones, which marque up 52.5% of the basket, portion powerfulness instrumentality and wires lend smaller shares. Imports are dominated by integrated circuits (23.7%), mobile phones (17.5%), and data-processing machines (10.6%).
Overall, successful the 2nd quarter, commercialized destinations remained broadly stable, with exports to apical markets increasing strongly, led by Hong Kong, China and the U.S., portion imports from the UAE surged 48% year-on-year, said the report.
During the September-end quarter, exports drove commercialized growth, with merchandise and services exports some rising by astir 8.5% y-o-y, outpacing import growth.
India and the European Union (EU) connected January 27 announced the conclusion and finalisation of negotiations for their projected escaped commercialized agreement.
This volition beryllium the 19th commercialized woody for India. The FTA volition assistance boost the country’s exports to the 27-nation bloc.
Since 2014, India has finalised 7 commercialized pacts: Mauritius (April 2021 implemented), Australia (December 2022 implemented), UAE (May 2022 implemented), Oman (signed successful December 2025), U.K. (signed successful July 2025), EFTA (implemented successful October 2025 - Switzerland, Iceland, Liechtenstein, Norway), and New Zealand (talks concluded successful December 2025).
