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The robust performance reflects the growing momentum in the country’s electronics manufacturing sector, driven by favourable government policies, increased global demand, and expanding domestic production capacities.
Commerce Secretary Sunil Barthwal said there has been a consistent growth in exports of engineering and electronics.
“In December 2024, electronic goods exports have been highest so far. In the last 24 months, it was highest at $3.58 billion in one month,” he told reporters here.
Since January this year, electronic goods exports is recording healthy growth. In October and November, these shipments were $3.43 billion and $3.47 billion, respectively.
Similarly, India’s engineering and pharmaceutical exports, too, are recording positive growth since January.
It grew 0.63% to $2.49 billion in the last month.
Engineering exports, which account for about 25% of the country’s total outbound shipments, increased 8.35% to $84 billion.
Further, the ministry said quarterly also, the country’s exports are consistently growing and have registered a “new record high”.
During April-June, July-August, October-December 2024-25, the shipments stood at $198.5 billion, $196.1 billion, and $208 billion, as against $184.5 billion, $190.5 billion, and $193.4 billion, respectively.
