Resilient export growth continues; India crosses $714 billion in FY26 (Apr-Jan)
India’s total exports of goods and services reached USD 714.73 billion during April–January of FY 2025–26, registering a 5.26% increase compared to USD 679.02 billion in the same period last year. This growth highlights the resilience of India’s trade sector despite global economic uncertainty, supply chain disruptions, and volatile commodity prices.
Over the past few years, India’s exports have followed a steady upward trend. From USD 497.90 billion in 2020–21, exports rose to USD 828.25 billion in 2024–25, reflecting a compound annual growth rate (CAGR) of 6.9%. This sustained expansion underscores the country’s strengthening position in global trade.
The government continues to support export growth through a mix of policy measures, financial incentives, and digital infrastructure. A key focus is on empowering MSMEs to compete globally by improving access to markets, finance, and logistics support.
The Foreign Trade Policy (FTP) 2023 remains central to this strategy, emphasizing trade facilitation, export promotion, and digital integration. Schemes like RoDTEP help offset embedded taxes, ensuring Indian products remain competitive in international markets.
Additionally, the Export Promotion Mission (EPM), with an outlay of Rs 25,060 crore from FY 2025–26 to FY 2030–31, aims to strengthen trade finance, logistics, and quality standards. A special ‘RELIEF’ scheme under EPM, implemented via ECGC, addresses risks arising from geopolitical disruptions in key regions.
India is also enhancing trade infrastructure and leveraging digital platforms such as Trade e-Connect and the Certificates of Origin system to streamline processes. With 19 Free Trade Agreements in place and ongoing negotiations with partners like the EU and UK, the country is working to expand market access and boost exports further.
