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India achieved its highest-ever exports at US$ 863.1 billion in FY 2025-26, with significant contributions from merchandise and services. The increase is primarily driven by strong trade relationships with countries like the UAE, UK, and Australia, supported by Free Trade Agreements (FTAs) that have enhanced market access and export
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Union Commerce and Industry Minister Shri Piyush Goyal announced India's ambitious goal of achieving $1 trillion in exports this year and $2 trillion over the next five years. This target is part of a national mission aligned with India's vision of Atmanirbhar Bharat. Goyal emphasized the
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In the wake of economic uncertainty, India has emerged as a fast-growing economy focusing on self-reliance and global trade partnerships. With noteworthy growth in electronics, automobiles, pharmaceuticals, and defense manufacturing, the country is bolstering its export resilience through strategic policies and sector-specific incentives. Cumulative exports have reached substantial figures, showcasing
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India's exports grew by 15.52% from November 2024 to November 2025, driven by strategic free trade agreements (FTAs) and export diversification. The Comprehensive Economic Partnership Agreement (CEPA) with Oman and other FTAs with the UK, Switzerland, Bangladesh, and many more, have been instrumental in opening up new
Mobile Manufacturing
India's mobile manufacturing sector has experienced remarkable growth under the Production Linked Incentive (PLI) Scheme, transforming the country from a net importer to the second largest mobile manufacturer globally. Mobile phone exports surged 127 times over the past decade, while production increased 28-fold. The PLI Scheme has attracted