India's Export Endeavor: Navigating Global Challenges
India's goods and services exports have maintained positive growth this year. According to Commerce Secretary Rajesh Agrawal, January's data is also expected to be positive despite global economic challenges. December saw merchandise exports grow by 1.87%, with future expectations set to exceed USD 850 billion by 2025-26.
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Despite facing global economic challenges, India's goods and services exports have shown positive growth so far this year. According to Commerce Secretary Rajesh Agrawal, the January export data is expected to continue this trend with positive figures.
Agrawal highlighted that merchandise exports recorded a growth of 1.87% to reach USD 38.5 billion in December last year. In contrast, imports increased by 8.7% to USD 63.55 billion during the same period.
Speaking at the Biofach 2026 show, Agrawal expressed optimism that India's export growth could surpass USD 850 billion by 2025-26, surpassing the expected USD 825 billion in 2024-25, with the European Union being a significant market for Indian goods.
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