India's FY 2024-25 Exports Hit Record $824.9 Billion
| Category | Details |
|---|---|
| Total Exports FY 2024-25 | $824.9 billion (up 6.01% from $778.1 billion in FY 2023-24) |
| Services Exports | $387.5 billion (up 13.6% from $341.1 billion) |
| Merchandise Exports (excluding petroleum) | $374.1 billion (up 6.0% from $352.9 billion) |
| Services Exports in March 2025 | $35.6 billion (up 18.6% from $30.0 billion in March 2024) |
| Key Drivers | IT, consulting, finance, and digital services sectors |
| Policy Context | Foreign Trade Policy 2023, Atmanirbhar Bharat, PLI schemes, Digital India, |
| Make in India, Startup India | |
| Targets | $2 trillion in exports by 2030 |
| Significance | Enhanced foreign exchange reserves, reduced petroleum dependence, |
| increased global trade resilience | |
| Source | Reserve Bank of India (RBI) report released on May 2, 2025 |