Ministry of Commerce & Industry has said that India’s exports continue to display resilience, maintaining a steady growth trend in the current fiscal year as well as over the longer term (FY 2021-25), despite headwinds like persistent global uncertainty, supply chain disruptions, and volatile commodity prices. 

The country witnessed 5.26% growth in exports of merchandise and services from $679.02 billion in FY 2024-25 (April-January) to $714.73 billion in April-January of FY 2025-26. Ministry also highlighted various initiatives being undertaken by the government to boost exports and expand the country’s global footprint, such as the Foreign Trade Policy (FTP) 2023, the Remission of Duties and Taxes on Exported Products (RoDTEP). 

Besides, it noted that the Government has recently notified a time-limited ‘RELIEF’ Scheme, an intervention under the Export Promotion Mission, to be implemented through the Export Credit Guarantee Corporation of India (ECGC), is operationalised to address elevated export risks arising from geopolitical disruptions in the Gulf and West Asia maritime corridor.