India’s overall exports — merchandise and services — grew 6% on year to cross $ 820 billion in 2024-25 despite many headwinds, commerce and industry minister Piyush Goyal said Wednesday.
At the meeting with the export promotion councils and industry chambers on the emerging trade scenario after the imposition of reciprocal tariffs by the US, complimented the exporters for achieving highest ever exports.
“In spite of multiple headwinds including the Red Sea crisis, Israel-Hamas conflict spilling over to the Gulf region, continuation of Russia-Ukraine conflict and slow growth in some developed economies the milestone was achieved,” the minister said at the meeting while praising exporters for their resilience and efforts.
In April-February overall exports (merchandise and services) were up 6.2% to $ 750.5 billion. The data for March will be released on 15th April.