Indian Economy News

India’s exports cross US$ 860 billion in 2025-26, says Union Minister Mr. Piyush Goyal

  • IBEF
  • April 29, 2026

India has achieved a significant milestone in its external trade performance, with total merchandise and services exports crossing Rs. 81.28 lakh crore (US$ 860 billion) in 2025-26, as highlighted by Union Minister Mr. Piyush Goyal. The record export level reflects the country’s growing integration into global value chains and resilience amid ongoing global disruptions. Key sectors such as engineering goods, electronics, pharmaceuticals, chemicals, gems and jewellery and agri-based products have continued to drive export momentum. The sustained performance across these sectors indicates a broad-based expansion rather than dependence on a few industries, strengthening India’s position in global trade.

The statement further emphasised the importance of leveraging Free Trade Agreements (FTAs) with developed economies to further enhance market access, boost exports and create employment opportunities. The government is actively working towards strengthening a facilitative trade ecosystem through reforms, targeted policy support and close coordination with industry stakeholders. This record achievement is also being positioned as a stepping stone toward the ambitious target of Rs. 189.08 lakh crore (US$ 2 trillion) in exports by 2030 under the Viksit Bharat vision. Continued focus on diversification, competitiveness and trade facilitation is expected to sustain export growth and reinforce India’s standing as a reliable global trading partner. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Partners
Loading...