New Delhi, July 21 -- India's electronics exports have surged by 47 percent to 12.41 billion dollars in the first quarter of current fiscal, signaling country's rise as a global manufacturing hub.

According to Commerce Ministry, US, UAE, and China have emerged as top three export destinations for India's electronics sector during April-June quarter. The Netherlands and Germany are other major export destinations for the country's electronic exports. 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. The US remains India's largest export destination, commanding a 60.17 percent share, followed b...