Tamil Nadu leads among states with $4.8 billion in electronics exports

Tamil Nadu has topped the electronics exports charts with total exports standing at $4.78 billion till October 31 (April to October 2023) – a nearly 31% share of India’s total electronics exports for this period which was pegged at $15.48 billion, as per data from NIRYAT – National Import Export Record for the Yearly Analysis of Trade, which functions under the Department of Commerce, Ministry of Trade and Industry.

NIRYAT said the State has reached about 90% of the previous financial year’s value ($ 5.37 billion) in a period of seven months of the current financial year 2023-2024 (April - October 2023).

Tamil Nadu's electronics exports during this period is almost double that of Uttar Pradesh which secured the second spot with volumes of $2.58 billion and a 16.65% share of the total electronics exports in the country. Karnataka stood third with $2.29 billion in volume and 14.82% share.

"With exports of ~$4.8 billion already, (Tamil Nadu contributes) 31% of total exports out of India and nearly double of the second-runner state, Tamil Nadu could hit a staggering $8 billion in exports this year, a significant leap from the previous year's $5.37 billion," Tamil Nadu Industries Minister TRB Rajaa said on X (formerly Twitter).

He said that the state's strategic policies, skilled workforce, and robust infrastructure and the 'Dravidian Model' of governance have propelled the state's electronics exports to new heights.

"As the data unfolds, it's clear that Tamil Nadu's growth trajectory in #ElectronicsExports is not just a statistic but a testament to the state's thriving ecosystem!" he added.