India’s Exports Grow 5.2% to $714.73 Billion Despite Global Challenges: Government

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India’s total exports recorded a steady growth of 5.2%, reaching $714.73 billion during April–January of FY 2025–26, the government informed Parliament on Tuesday.

Union Minister of State for Commerce Jitin Prasada shared the data in a written reply in the Lok Sabha.


Steady Growth Amid Global Uncertainty

The minister said exports stood at $679.02 billion during the same period last year, reflecting a 5.26% increase this year.

He noted that the growth demonstrates India’s economic resilience despite challenging global trade conditions.


Strong Long-Term Export Performance

India has also shown strong export growth over the past few years:

  • CAGR (2021–22 to 2024–25): 6.9%
  • Exports (2020–21): $497.90 billion
  • Exports (2024–25): $828.25 billion

This sustained growth highlights India’s rising position in global trade.


India Emerging as a Key Global Trade Player

The minister emphasized that India is steadily strengthening its position as a major global trading nation, maintaining export stability even amid global uncertainties.


Boost from Trade Diplomacy and FTAs

India’s active trade diplomacy, combined with policy measures, has played a key role in boosting exports.

  • India has signed 19 Free Trade Agreements (FTAs)
  • Since 2021, eight major trade deals have been finalized or advanced

Key Agreements with EU and EFTA

The proposed India–European Union Free Trade Agreement (FTA) was described as a landmark deal, expected to:

  • Expand access to European markets
  • Strengthen India’s role in global value chains

Additionally, the India–EFTA Trade and Economic Partnership Agreement (TEPA) aims to boost foreign direct investment (FDI) into the country.


New Trade Deals to Expand Opportunities

Upcoming agreements with countries such as:

  • New Zealand
  • Oman
  • United Kingdom

are expected to:

  • Enhance market access
  • Boost services sector mobility
  • Improve investment climate

These developments are likely to further strengthen India’s global trade presence.

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