India’s external sector has shown consistent resilience in the current financial year, with cumulative exports growing to Rs. 63,066.50 billion (US$ 720.76 billion) during April-January FY 2025-26, showing a growth of 6.15% over Rs. 57,434.91 billion (US$ 679.02 billion) recorded in the corresponding period FY2024–25, according to a report by the PIB Headquarters. The growth in exports shows India’s capability in maintaining export growth momentum despite uncertainties and a weakening external environment. The growth has been achieved with a diversified export basket and a continued focus on enhancing trade competitiveness. The export figures show that India is maintaining its growth in the international market with consistent export growth and expanding markets.
The growth of exports has been driven by the contributions of both the merchandise and services sectors, with the latter’s contribution being instrumental to the growth. The continued focus on improving infrastructure, enhancing the ease of doing business, and streamlining the trade process has also been instrumental to the growth of the export sector. Other policy interventions aimed at promoting the growth of the export sector and the resilience of the supply chain have also been instrumental to the growth. However, the outlook of the export sector continues to be positive, with the Indian export sector likely to benefit from the reforms, trade linkages, and participation in high-value sectors, thus enhancing its growth.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.