India's exports reach all-time high: ministry-Xinhua

India's exports reach all-time high: ministry

Source: Xinhua

Editor: huaxia

2025-05-03 00:41:45

NEW DELHI, May 2 (Xinhua) -- India's total exports grew over 6 percent, reaching an all-time high of 824.9 billion U.S. dollars during the financial year 2024-25 (April, 2024-March, 2025), according to the Ministry of Commerce and Industry on Friday.

The country's total exports figure stood at 778.1 billion dollars during the preceding financial year.

Services exports continued to drive the overall exports' growth momentum. Services exports reached a historic high of 387.5 billion dollars, an increase of 13.6 percent over the previous financial year.

In the financial year 2024-25, merchandise exports, excluding petroleum products, rose to a record 374.1 billion dollars, registering a 6 percent increase over the financial year 2023-24.