India's Exports Hit Record $863 Billion
Analysis based on 6 articles · First reported Jun 09, 2026 · Last updated Jun 10, 2026
The record export growth of India, driven by strategic trade agreements, signals a positive outlook for the Indian economy and its integration into global value chains. This could lead to increased investor confidence in India and potentially boost the performance of companies involved in export-oriented sectors. The specific opportunities highlighted for India — Punjab, India and India — Haryana suggest potential growth for businesses in those regions.
India's total exports reached an all-time high of $863 billion in FY 2025-26, growing at a compound annual growth rate of 5.7% from $468 billion in FY 2014-15. This significant growth was announced by Nitin Kumar Yadav, Additional Secretary at the Union India — Ministry of Trade and Industry. Merchandise exports grew to $442 billion, and services exports surged to $421 billion. The diversification of India's export base is underscored by non-petroleum exports reaching $387.9 billion. This achievement is attributed to landmark trade agreements, including the India-EFTA Trade and Economic Partnership Agreement (TEPA, 2025) with European Free Trade Association, the India-EU FTA (2026) with European Union, the India-Mauritius CECPA (2021) with Mauritius, and the India-UAE CEPA with United Arab Emirates. These agreements provide duty-free access and tariff concessions for a large percentage of India's exports. Regional opportunities for India — Punjab, India and India — Haryana in sectors like textiles, agriculture, and pharmaceuticals were also highlighted.
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