India’s Exports Surge Amid Global Challenges

India’s Exports Surge Amid Global Challenges
New Delhi: India’s merchandise exports demonstrated strong resilience in late 2025, with November recording a robust $38.13 billion, up 19.38% from $31.94 billion in November 2024. This surge helped push cumulative merchandise exports for April-November 2025 to $292.07 billion, reflecting steady growth despite challenges like elevated U.S. tariffs. Key drivers include diversification to markets such as China (exports up 90% to $2.2 billion in November), engineering goods (up 23%), electronics, pharmaceuticals, and textiles.
Government support through initiatives like export promotion schemes played a pivotal role. Total exports (merchandise + services) for November reached $73.99 billion, a 15.52% increase, contributing to a cumulative $562.13 billion for April-November, up 5.43%.The trade deficit narrowed significantly to a five-month low in November, aided by moderated imports. Analysts highlight structural shifts toward emerging markets in Asia, Africa, and Latin America, positioning India strongly for its $1 trillion export target by 2030.
This performance is seen as indicative of India’s growing influence in global trade, bolstered by ongoing free trade agreements and sector-specific incentives. Analysts predict continued momentum into 2026, supported by free trade agreements like the India-UK CETA, which could boost labor-intensive exports. This export boom narrows the trade deficit to a five-month low of $24.53 billion in November, bolstering India’s economic outlook amid global uncertainties. India aims for $1 trillion in exports by 2030. It is now by all means emergingas a global trade powerhouse.
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