$25MIndia’s exports in FY 2025-26
5countries bought from India
-38%against FY 2024-25 ($40M)
39pieces shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Belgium
- Nepal
- United Kingdom
- United States
- Chile
Ranked by value. Country-by-country figures are not shown.
GST on this code
5% or 18%
- 5% — Charger or charging station for Electrically operated vehiclesNotification 9/2025-CT(R), Schedule I, entry 438
- 18% — Electrical transformers, static converters (for example, rectifiers) and inductors other than charger or charging station for Electrically operated vehiclesNotification 9/2025-CT(R), Schedule II, entry 477
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 8504.23
8504.23.10Electrical transformers, converters and inductors — having a power handling capacity exceeding 10000 kVA: Having a power handling capacity exceeding 10000 kVA…$51M in FY 2025-268504.23.20Electrical transformers, converters and inductors — having a power handling capacity exceeding 10000 kVA: Having a power handling capacity exceeding 50000 kVA…$30M in FY 2025-268504.23.40Electrical transformers, converters and inductors — having a power handling capacity exceeding 10000 kVA: Having a power handling capacity exceeding 250000 kVA$340K in FY 2025-26