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Tamil Nadu becomes India’s Top Electronics Exporter of FY23 with the export worth USD5.37 billion

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Tamil Nadu emerges as India’s top electronics exporter, triples exports to $5.37 bn in FY23According to the Export data released by the government of India for FY23 (financial year ended in March 2023), Tamil Nadu (TN) becomes India’s leading exporter of Electronic goods in FY23, with exports reaching USD5.37 billion (bn), nearly triple the export of FY22 (USD 1.86 bn).

  • Tamil Nadu is followed by Uttar Pradesh (UP) in the 2nd place with export worth USD 4.90 bn and Karnataka in 3rd place with USD 4.52 bn.
  • For the 1st time, TN has overtaken UP, Karnataka and Maharashtra to top the list as India’s leading exporter of electronic goods.
  • Production from the companies like Tata Electronics and Pegatron helped TN to climb the top spot from the 4th spot in FY22 in the electronics sector.

Note: In FY22, Karnataka topped the list with USD 3.87 bn; followed by UP with USD 3.77 bn; Maharashtra with USD 2.08 bn.

Export data:

In FY 2022-23 India’s export of electronic goods were recorded at USD 23.57 bn, the share of TN in the total export is 22.83%.

  • Previously in FY22, India’s export of electronic goods were at USD 15.59 bn while TN’s share was 11.98%.

i. TN being the top electronics exporter, retained the top spot in the first two months of the current fiscal year FY2023-24 followed by Karnataka and UP.

Table of India’s leading exporter of Electronic goods in FY 23:

S.No.StateFY23 (in USD billion)Share of India’s Export (in %)FY22 (in USD billion)Share of India’s Export (in %)
1Tamil Nadu5.3722.831.8611.98
2Uttar Pradesh4.920.853.7724.25

Key Points:

i. Now in Tamil Nadu, there are over 15 leading electronics manufacturers, including Foxconn, Tata Electronics, Salcomp and Pegatron.

Note: Tamil Nadu aimed to achieve a USD 100 bn electronics system design and manufacturing industry in the next five years.

ii. TN continues to promote innovation, attract investments, and nurture entrepreneurship in the Electronic sector.

iii. Strong industrial climate, availability of skilled/trained labour (especially women with high productivity), good logistics connectivity of the Airport, reliable power supply, and robust supply chain of TN were the key factors that contributed to its success in the electronics sector.