India’s Exports Hit $824.9 Billion in FY25, Driven by Services Surge

05 May 2025 CW Team

India’s total exports soared to an all-time high of $824.9 billion in the financial year 2024–25, marking a 6.01% increase over the previous year’s $778.1 billion, according to the Reserve Bank of India’s latest services trade data for March 2025.

The surge was primarily led by services exports, which jumped 13.6% to $387.5 billion — the highest on record — up from $341.1 billion in 2023–24. For March 2025 alone, services exports touched $35.6 billion, reflecting 18.6% year-on-year growth from $30.0 billion in March 2024.

On the merchandise front, non-petroleum exports reached a record $374.1 billion, a 6% rise from $352.9 billion in the prior year, setting a new high for India’s annual non-petroleum merchandise trade.

(PIB)

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