«In China, while the factory to export take-off from the cargo terminal is achieved on Day 1, in India, the export take off happens only by Day 2. This is a glaring chasm especially when seen in the context of the volume of exports which in the case of China is more than 30 times electronics output (USD 959 billion) compared to India (USD 29 billion) in 2023,» Mohindroo said.
Electronics is already India's largest export in air cargo while it's ranked third overall behind engineering and petrol.
«To keep pace with the expected growth in exports, concerted efforts are needed at the Central and State level. The infrastructure at current airports has already reached saturation levels as they are operating at 80-100 per cent of their capacity which calls for expansion of existing airports and developing new ones,» Mohindroo said.
According to ICEA, total electronics exports stood at USD 29.1 billion for the period from financial year 2023-24, out of which mobiles stood at USD 15 billion.
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