Summary:

Despite world economic uncertainty, India's total exports of goods and services increased 4.6% year over year to a record ₹75.43 lakh crore (US$863.11 billion) in FY26 from ₹71.24 lakh crore in FY25. Data from the Commerce Ministry indicates that this shows how resilient overseas trade is in the face of declining global demand and geopolitical upheavals. While product exports shown consistent pace across sectors, services exports fueled growth through robust IT, business, financial, and professional services. The achievement demonstrates India's growing competitiveness in foreign markets and inclusion into global value chains. Alongside the growing need for pharmaceuticals, engineering, electronics, and digital services, government attempts to improve manufacturing, logistics, and market diversification boosted growth.

Source: IBEF

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