Commerce ministry in its latest data has showed that India’s goods and services exports rose to an all-time high of $863.11 billion in the financial year 2025-26 (FY26), up from $825.26 billion in the previous year, registering a growth of 4.59 per cent, despite uncertainties triggered by geopolitical tensions. On the merchandise front, exports grew modestly from $437.70 billion in FY25 to $441.78 billion in FY26, a growth of 0.93 per cent.
Despite significant global economic headwinds and trade disruptions, India's merchandise exports maintained its upward trajectory, contributing significantly to the total export basket. However, the standout performer remains services exports, which surged to a historic $421.32 billion in FY26, as compared to $387.55 billion in FY25, a robust growth of 8.71 per cent.
This sharp rise underscores the expanding global demand for services such as IT, business solutions, and professional expertise, reinforcing the country's strength in the services sector.
