SynopsisFirst-quarter electronic component exports shrank 16% year-on-year to $1.34 billion, while overall electronic goods exports increased 22.5%, latest data from the commerce department showed.AgenciesIndia's electronics exports have skyrocketed to Rs 4.24 lakh crore by FY2025-26, marking an increase of more than eleven timesIndia's electronic component exports fell in the June quarter despite an increase in overall electronics shipments, as a worsening shortage of key parts and higher trade barriers hit manufacturers.First-quarter electronic component exports shrank 16% year-on-year to $1.34 billion, while overall electronic goods exports increased 22.5%, latest data from the commerce department showed. This made electronic components the only category within the broader $22-billion electronics export basket to register a decline.The country's fledgling components segment has seen exports drop for three consecutive months in FY27, reversing the monthly growth uptrend seen in FY26. The drop comes despite the Centre pushing manufacturers to build upstream domestic capacity.Officials attributed the decline to multiple supply chain challenges, including struggling production of printed circuit boards (PCB), as well as a steep drop in exports to the US. PCBs, considered the backbone of electronics, provide the physical foundation and electrical pathways that allow delicate components to communicate.ETtech