Personal Computers Propel Electronic Item Exports in April-August

Thursday, 17 October 2024, 07:41

Business news highlights the significant rise in personal computer exports including laptops during April-August. These electronic item exports have surged, particularly to markets like the UAE and Russia. The government's initiatives have been pivotal in this growth.
Deccanherald
Personal Computers Propel Electronic Item Exports in April-August

Personal Computers Drive Exports

Business news indicates a remarkable trend in personal computer exports, especially laptops, witnessing substantial growth from India during the April-August window. According to the commerce ministry data, these electronic item exports reached USD 102.6 million, a notable increase from USD 37 million in the previous year.

Key Markets for PC Exports

  • UAE: USD 64 million
  • Russia: USD 20.4 million
  • Bangladesh: USD 7.7 million
  • Sri Lanka: USD 5.6 million
  • US: USD 3.7 million

The UAE stands out as the largest importer of laptops, indicating strong demand in the personal computer segment. The Indian government's support through Production Linked Incentive (PLI) schemes plays a crucial role in facilitating this growth.

Expanding PCB Exports

Additionally, exports of printed circuit boards (PCBs) have soared by 76 percent, reaching USD 12.76 million within the same period. Major buyers include France, Israel, and Italy, showcasing the growing appeal of India's electronics manufacturing prowess.

In conclusion, while smartphones remain the largest electronic export category, the ascendancy of personal computers signifies a vibrant market potential fueled by strategic governmental support.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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