Vice-Chairman of NITI Aayog, Suman Bery, today released the 6th edition of "Trade Watch Quarterly" for the 2nd Quarter of the 2025-26 Financial Year in New Delhi. This edition focuses on India's electronics trade, which has emerged as a key driver of the country's manufacturing and export transformation. The analysis notes that electronics is now among the leading items in India's export basket, supported by rising mobile phone exports, growing global demand, and expanding participation in global electronics value chains across consumer electronics, communication equipment, and components. The publication highlights that while the country has achieved scale in assembly and system integration, the next phase will require deeper domestic component manufacturing and higher value addition.
Speaking on the occasion, Mr. Bery noted that electronics, as the organizing core of modern manufacturing value chains, with semiconductors and components, plays a key role in determining trade balances and technological sovereignty. He emphasized that sustained competitiveness in electronics will depend on correcting structural cost challenges, deepening component ecosystems, and embedding Indian firms more firmly into global production networks.
The edition provides a data-driven assessment of global and domestic trade trends and offers policy insights for policymakers, industry, and researchers to strengthen the country's trade competitiveness in a dynamic global landscape. It refers to targeted policy support, including the Union Budget allocation under the Electronics Components Manufacturing Scheme, aimed at strengthening domestic capabilities and improving competitiveness.
