Headwinds included the Red Sea crisis, Israel-HAMAS conflict spilling over to the Gulf region, continuation of the Russia-Ukraine conflict and slow growth in some developed economies.
India’s goods and services exports surpassed $820 billion in FY25, marking nearly 6 per cent year-on-year growth despite global challenges.
Key headwinds included the Red Sea crisis, Israel-HAMAS conflict, Russia-Ukraine war, and sluggish growth in some advanced economies.
Merchandise exports from April to February FY25 reached $395.63 billion.
Merchandise exports for April-February FY25 stood at $395.63 billion, an official statement said. The detailed data for 2024-25 for exports and imports will be released by the Ministry on April 15.
Fibre2Fashion News Desk (DS)
