The apex exporters' body -- Federation of Indian Export Organisations (FIEO) has suggested that the country's overall goods and services exports are likely to reach $1 trillion during 2025-26. Meanwhile, the exports were aggregated at $825 billion in 2024-25.
The FIEO also suggested that the merchandise exports will increase from $437 billion to $525-$535 billion in 2025-26. Besides, it noted that services exports to rise from $387 billion to $465-$475 billion this fiscal.
The main sectors which can help push the exports include electrical and electronics ($60 billion), machinery ($40 billion), chemicals ($40 billion), pharmaceuticals ($30 billion), petroleum ($70 billion), apparel and madeups ($23-$25 billion), gems and jewellery ($30-$35 billion) and agriculture ($55 billion).
