New Delhi: The US was the top destination for electronics, marine goods and readymade garments exports from India in the first quarter of FY26, underscoring its position as India's most critical trade partner, an analysis done by the commerce department showed.
The US had a 60.17% share in India's electronics exports in April-June, 37.63% in marine goods shipments and 34.11% in readymade garments. It was India's top trading partner in the quarter, according to the analysis.
In June, India's overall goods exports to the US jumped 23.5% on-year while they rose 22% on-year in the April-June period.
In electronics, the UAE, China, the Netherlands and Germany were the other top destinations. India's total electronics imports rose 47% on-year in April-June at $12.41 billion.
"This geographical spread highlights India's growing integration into the global electronics supply chain and underscores the country's emergence as a credible alternative manufacturing hub in Asia," said an official.
Similarly, the US remained the dominant export destination in the two labour-intensive sectors of readymade garments and marine goods.
The official said a revival in marine goods exports is due to robust demand from key markets such as the US. "This performance reveals a strong reliance on mature and high-value markets with the US emerging as the leading destination across all three sectors," the official said, adding this reflects the confidence in India's manufacturing capabilities, regulatory compliance and quality assurance.
The analysis assumes significance as India and the US are negotiating a bilateral trade agreement, the first tranche of which is to be concluded by September. Indian trade negotiators are in Washington for the fifth round of talks under which New Delhi is demanding greater access for labour-intensive industries like textiles and electronics while the US wants steep cuts in tariffs across sectors.
The US had a 60.17% share in India's electronics exports in April-June, 37.63% in marine goods shipments and 34.11% in readymade garments. It was India's top trading partner in the quarter, according to the analysis.
In June, India's overall goods exports to the US jumped 23.5% on-year while they rose 22% on-year in the April-June period.
In electronics, the UAE, China, the Netherlands and Germany were the other top destinations. India's total electronics imports rose 47% on-year in April-June at $12.41 billion.
"This geographical spread highlights India's growing integration into the global electronics supply chain and underscores the country's emergence as a credible alternative manufacturing hub in Asia," said an official.
Similarly, the US remained the dominant export destination in the two labour-intensive sectors of readymade garments and marine goods.
The official said a revival in marine goods exports is due to robust demand from key markets such as the US. "This performance reveals a strong reliance on mature and high-value markets with the US emerging as the leading destination across all three sectors," the official said, adding this reflects the confidence in India's manufacturing capabilities, regulatory compliance and quality assurance.
The analysis assumes significance as India and the US are negotiating a bilateral trade agreement, the first tranche of which is to be concluded by September. Indian trade negotiators are in Washington for the fifth round of talks under which New Delhi is demanding greater access for labour-intensive industries like textiles and electronics while the US wants steep cuts in tariffs across sectors.
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