India’s merchandise exports have shown consistent recovery and growth over recent years, adapting to multiple global disruptions
India’s merchandise exports reached $407.00 billion in Jan-Nov 2025 despite 50% US tariffs. Total goods and services exports hit a record $825.25 billion in 2024-25 with 6% YoY growth, driven by market diversification.
A major driver like
Government Support Measures:
| Initiative | Details |
|---|---|
| Export Promotion Mission | ₹25,060 crores allocated |
| Credit Facilities | Up to ₹20,000 crores additional collateral-free credit |
| Debt Support | Repayment moratorium and tenor extension for export credit |
| Trade Agreements | Multiple FTAs leveraged for market access |
Free Trade Agreement Expansion:
The current administration has signed several Free Trade Agreements (FTAs) in recent years.
- Mauritius (implemented April 2021)
- UAE (implemented May 2022)
- Australia (implemented December 2022)
- EFTA (implemented October 2025)
- Oman (signed December 2025)
- UK (signed July 2025)
- New Zealand (talks concluded December 2025)