India’s Exports on the Rise: Reaching for a Trillion-Dollar Milestone
Despite the current challenges in global trade, India’s export sector is experiencing remarkable growth. Commerce and Industry Minister Piyush Goyal has expressed confidence that India will surpass $825 billion in exports this fiscal year.
FIEO Predicts Continued Export Growth
This optimistic outlook is further reinforced by the Federation of Indian Export Organisations (FIEO), the apex body of Indian exporters. FIEO projects that India’s total exports of goods and services will grow by an impressive 21% year-on-year, reaching a staggering $1 trillion during the 2025-26 fiscal year.
A Testament to India’s Economic Resilience
This projected growth signifies India’s increasing strength in the global market and highlights the resilience of its economy in the face of international headwinds. This positive trajectory positions India as a major player in international trade and sets the stage for continued economic expansion.