Exports
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India Defies Global Headwinds to Achieve Record Export Growth
This amount represents an estimated 6% increase from the last fiscal year, as per data presented by the commerce ministry on Wednesday.
India's Electronics Exports on Track to Exceed ₹3 Lakh Crore This Fiscal
Latest statistics for the sector have shown electronics exports at ₹2.87 lakh crore over 11 months through February from April, posting a stunning 35% expansion compared to ₹2.11 lakh crore between April and February last year in FY24.
PLI Scheme for Telecom Products Secures Rs 4,081 Crore Investment, Generates Rs 78,672 Crore in Sales
The scheme also provided employment to 26,351 people, according to Dr. Pemmasani Chandra Sekhar, Minister of State for Communications and Rural Development, in a written statement to the Rajya Sabha.
India ranks among top textile exporters with 4 pc global share, Says Minister
Exports of textiles and garments, including handicrafts, recorded a growth of 7% between the months of April to December 2024 with respect to corresponding months last year. The United States, the European Union, and the United Kingdom collectively accounted for 53% of total textile exports during fiscal year 2023-24, in a written statement by Pabitra Margherita, the Minister of State for Textiles, in Lok Sabha.
India's Trade Deficit Shrinks to Three-Year Low of $14.05 Billion in February
Exports of merchandise showed a moderate gain of 1.3 percent at $36.91 billion in February versus January's $36.43 billion. Import shipments, however, posted a sudden fall of 16.3 percent at $50.96 billion versus last month's $59.42 billion.
India-US Bilateral Trade Sees Significant Growth in December
India's merchandise exports to the USA shot up by 8.5 per cent to $7 billion in December, according to the official figures.
India Aims for $100 Billion Exports in F&B, Agriculture, and Marine Products Within 5 Years: Piyush Goyal
In his keynote address at an interaction with F&B industry stakeholders on the sidelines of Indusfood 2025 here, the minister emphasised that the target is not very ambitious as the industries need to grow at an achievable combined rate of 14-15 per cent.
India Retains Title of World's Fastest-Growing Large Economy, Projected Growth at 6.6%: UN
WESP said that India's economy would be supported by "strong export growth in services and certain goods categories, particularly pharmaceuticals and electronics".
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