New Delhi, Mar 25 (BNP): India’s total exports of merchandise and services rose to $714.73 billion during April–January of FY 2025–26, registering a growth of 5.26 per cent over $679.02 billion in the corresponding period of the previous fiscal, the government said on Tuesday.
The data reflects continued resilience in India’s trade performance despite global uncertainties, supply chain disruptions, and volatile commodity prices.
Over the longer term, exports have shown steady growth, rising from $497.90 billion in 2020–21 to $828.25 billion in 2024–25, with a compound annual growth rate of 6.9 per cent.
The government said it is strengthening the export ecosystem through policy support, digital infrastructure, and financial incentives, with a focus on enhancing global competitiveness, especially for MSMEs.
The Foreign Trade Policy (FTP) 2023 continues to play a key role, supported by schemes such as Remission of Duties and Taxes on Exported Products (RoDTEP) and the recently approved Export Promotion Mission (EPM), which has an outlay of ₹25,060 crore.
As part of efforts to mitigate risks arising from geopolitical disruptions, the government has also launched a time-bound “RELIEF” scheme under the Export Promotion Mission, to be implemented through the Export Credit Guarantee Corporation (ECGC).
Officials said digital platforms and trade facilitation measures have improved efficiency, transparency, and access to global markets for exporters.
India is also expanding its global trade footprint through free trade agreements, with 19 FTAs in place and several others under negotiation, including with the EU, UK, and New Zealand.
The government said the integrated approach combining policy reforms, digital systems, and market access initiatives is aimed at building a resilient and future-ready export ecosystem.
The information was provided by Minister of State for Commerce and Industry Jitin Prasada in a written reply in the Lok Sabha.
