Indian exports

April 16, 2025 12:14 PM

India’s FY25 exports up 5.5% to $821 billion; March sees 2.65% rise

India’s cumulative exports for the financial year 2024–25 (April–March) rose by 5.5% to $820.93 billion, up from $778.13 billion in the previous year, driven by strong performances in key sectors, according to data released by the Ministry of Commerce and Industry on Wednesday. In March 2025, total exports of goods and services rose 2.65% year-on-year to $73.61 billion. Imports for the month climbed 4.9% to $77.23 billion. Among the major contributors to merchandise export growth were el...

April 3, 2025 3:09 PM

India to review impact of US reciprocal tariffs, says MoS Finance

India will review and assess the impact of the 27 per cent reciprocal tariffs imposed by the United States, Union Minister of State for Finance Pankaj Chaudhary said on Thursday. His remarks come in response to the recent tariff hike affecting Indian exports to the US. Speaking to reporters in New Delhi, Chaudhary emphasized the differing trade priorities of the two nations. "For Donald Trump, it's America First, and for Modi ji, it's India First. We will analyze the situation, assess its impac...

March 25, 2025 10:30 AM

India’s defence production surges to Rs. 1.27 lakh crore in FY 2023-24, exports cross Rs. 21,000 crore mark

India’s defence production hit a record Rs. 1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports also saw a significant boost, reaching Rs. 21,083 crore, a 30-fold increase in the last decade, with exports now spanning over 100 countries, according to an official statement from the Ministry of Defence on Monday. This unprecedented growth has been fuelled by strategic initiatives like iDEX and SAMARTHYA, which are propelling ...