Electronics exports get a $1 billion mobiles boost in April

India’s electronics exports in April jumped over 26% to $2.11 billion from the year ago boosted by shipping of mobile phones of $1.08 billion, an over 80% surge on year with US major Apple contributing $750 million, while Korean giant Samsung exported $240 million. As per data shared by the commerce ministry, electronics registered the second highest rate of growth amongst the top 11 of the 30 commodities that exhibited growth in April from the same period last year.

Only oil meals showed a better growth rate of 95.14%, but from a much smaller base, while exports of 19 commodities declined in April.