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New Trade data shows significant widening of India's exports basket

May 17, 2025
Reading Time: 3 minutes
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New Delhi - India’s merchandise exports in the fiscal year 2024-25 were significantly bolstered by agriculture, pharmaceuticals, electronics, and engineering goods, which collectively contributed over 50 percent of the total, govt data released on May 16 showed.The new data is being seen as a clear pointer to the success of the govt's ongoing efforts to widen the country's exports basket and boost manufacturing and increase value-added exports.

The engineering goods sector emerged as the most significant contributor, accounting for 26.67 percent of India’s total exports, which amounted to USD 437 . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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