India’s goods and services exports are estimated to have crossed USD 800 billion in 2024-25, though merchandise shipments have remained flat, sources said. The 2024-25 figures for exports and imports will be released by the commerce ministry on April 15.
The sources added that in 2025-26, the country’s merchandise exports will record a positive growth.
In 2024-25, the exports are “flat”, the sources said.
Exports are in the negative for the fourth month in a row in February due to global economic uncertainties.
India’s merchandise exports stood at USD 395.63 billion during April-February 2024-25 as against USD 395.38 billion in the same period previous year.
The estimated value of service exports during April-February 2024-25 is USD 354.90 billion as compared to USD 311.05 billion in April-February 2023-24.
Content Source: economictimes.indiatimes.com