Tamil Nadu's Ascendancy in India's Electronic Goods Exports

Leadership in Exports: Tamil Nadu has become India's largest exporter of electronic goods in FY23, contributing 30% to the country's exports in this sector by FY24.
Rapid Growth: This state has seen a significant rise in its electronic exports, particularly in smartphones, making it a late but impactful entrant in the electronics export arena, surpassing traditional leaders like Uttar Pradesh and Karnataka.
Smartphone Exports: A significant portion of India's electronics exports, nearly 40%, is attributed to smartphones, with Kancheepuram district being a major hub for these exports.
Major Markets: The United States, the United Arab Emirates, and the Netherlands are the primary destinations for Tamil Nadu's electronic goods, with the U.S. alone accounting for a substantial share of India's total electronics exports.
Comparative Analysis: In FY24, Tamil Nadu's electronics exports exceeded the combined exports of Uttar Pradesh and Karnataka, highlighting its dominant position.

Sector Growth: The electronic goods sector's share in India's overall exports has more than doubled in recent years, largely due to Tamil Nadu's contributions.
Stagnation in Other States: While Tamil Nadu's exports have consistently risen, other states like Gujarat and Maharashtra have seen stagnant growth in this sector.
Overall Export Composition: Electronics goods emerged as one of the top exported commodities from India by FY24, a significant leap from its position in FY18.
Global Demand: The U.S. has emerged as the largest market for India's electronic goods, especially smartphones, reflecting a growing demand and Tamil Nadu's strategic role in meeting this demand.

Reason it's important : Tamil Nadu accounts for 30% of India’s electronics exports

Published in : The Hindu

Date appeared in newspaper : 01 April 2024

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