INDUSTRY
Farm, pharma, electronics & engineering goods make up over 50% of exports
- IBJ Bureau
- May 17, 2025
Agriculture, pharmaceuticals, electronics and engineering goods together accounted for over 50 per cent of India’s merchandise exports in 2024-25, according to government data. The export figures highlight the country’s growing strength in diverse sectors amid efforts to boost manufacturing and value-added exports.
Engineering goods contributed the highest share of 26.67 per cent to India’s $437.42 billion exports in 2024-25, while agriculture, pharmaceuticals and electronics accounted for 11.85, 6.96 and 8.82 per cent respectively.
The data showed that the electronic goods sector saw the highest export growth rate at 32.46 per cent, jumping from $29.12 billion in 2023-24 to $38.58 billion in the last financial year. It was $23.6 billion in 2022-23 and $15.7 billion in 2021-22.
Within this, computer hardware and peripherals, which form 3.8 per cent of the sector, saw 101 per cent growth, doubling from $0.7 billion to $1.4 billion.
The main destinations for electronic goods were the UAE, the US, the Netherlands, the UK and Italy.
Shipments of engineering goods rose by 6.74 per cent year on year to $116.67 billion. Drug and pharmaceutical exports grew by 9.4 per cent to $30.47 billion, while those of agriculture and allied sectors increased by 7.36 per cent to $51.86 billion in 2024-25.
The main export destinations for engineering goods were the US, the UAE, Saudi Arabia, the UK and Germany.
Report By
View Reporter News