New Delhi: India’s exports of goods and services surged to a record-breaking $820 billion in the financial year 2024-25, marking a nearly 6% increase over the previous year’s total of $778 billion, according to data released by the Commerce Ministry.
The milestone was announced during a high-level meeting chaired by Commerce and Industry Minister Piyush Goyal with representatives from Export Promotion Councils and industry bodies in the capital. The minister hailed the achievement as a testament to the resilience and determination of Indian exporters in the face of challenging global conditions.
“Despite multiple headwinds, including the Red Sea shipping disruptions, the ongoing Israel-Hamas conflict impacting the Gulf region, the continued Russia-Ukraine war, and sluggish growth in some advanced economies, India’s exports have reached unprecedented levels,” Goyal said.
He commended the exporters for their perseverance and urged them to stay optimistic amid ongoing global uncertainties. The minister also briefed industry stakeholders on the ongoing negotiations with the United States for a comprehensive Bilateral Trade Agreement (BTA), emphasizing that efforts are underway to strike the right balance across sectors.
Minister encouraged exporters to remain focused and seize emerging opportunities, assuring them that the government is actively working to support and enhance India’s trade footprint globally.
