India’s Electronics Exports Expand Beyond Smartphones as PCB, Memory Chip Shipments Surge

India exported electronics products worth $39 billion during the April-October period of the ongoing financial year 2026-27, but in the same period, India imported electronics products worth $95 billion. However, these mainly included laptops and electronic components.

The Ministry of Commerce says that this trend may now change. According to the ministry's data, in the April-September period of the current financial year, exports of mounted printed circuit boards increased by 3219 percent, and exports of stuffed printed circuit boards increased by 304 percent.

Exports of mounted circuit boards were worth $63 million in April-September of the last financial year, which increased to $2.1 billion in April-September this year.

Exports of stuffed printed circuit boards were worth $214 million in April-September last year, which increased to $864 million in the same period this year. These boards have been exported to countries like China, Hong Kong, Netherlands and Singapore.

According to the data of the Ministry of Commerce, between April-September this year, there was a 2332 percent increase in the export of memory integrated circuits along with circuit boards, and a 1681 percent increase in the export of solid state storage devices. Meanwhile, there was a 98 percent increase in the export of network transmission equipment. The largest export of network transmission equipment is going to the US.

Experts say that increasing the export of non-smartphones will not only encourage exports but will also reduce the import of these items. Increased domestic production of these items will also encourage Make in India.