India, July 10 -- A sharp jump in printed circuit board shipments shows how component manufacturing is gaining strength and finding new buyers

A small, but powerful shift is taking place in the electronics trade. Printed circuit boards, or PCBs, which were once imported in large amounts, are now being sent from India to China in much larger volumes, and the change has become one of the strongest export stories of FY26.

In simple terms, a product category that used to play a quiet role in trade has suddenly become a major earner, and that makes the story worth noticing.

The rise is striking because the figures moved from about $36 million in FY25 to $1.5 billion in FY26, which means the increase was not just large but extraordinary.

Th...