Electronics drive India’s export surge to China

India’s exports to China are rising at a stellar pace, with Commerce Ministry data showing a 64% increase in July, significantly outpacing the 34% growth in imports from the country. During the first four months of FY27 (April-July), exports to China surged 36% to $7.7 billion, while imports rose 30% to $52.7 billion. If the current pace is sustained, India’s full-year exports to China could easily cross the previous peak of $21.3 billion recorded in FY21.

The increase has been driven by, among other things, value-added products such as mobile-phone parts and telecom equipment.