India’s exports performance has remained robust and continued to expand in a broad-based manner, touching USD 714.73 billion during April–January FY 2025–26, thus registering a 5.26 percent increase over USD 679.02 billion in the same period last year.
Over the period 2021–22 to 2024–25, exports achieved a compound annual growth rate of 6.9 percent, with values increasing sharply from USD 497.90 billion in 2020–21 to USD 828.25 billion in 2024–25. This consistent expansion underscores India’s ability to sustain diversified and resilient export growth, positioning the country as a strong player in global trade even under challenging external conditions.
The government is consistently working to boost exports and expand the country’s global footprint, combining traditional strengths with emerging technology driven sectors. Central to this ambition is the creation of a supportive ecosystem where exporters, particularly MSMEs, can compete confidently in international markets.
This effort is reinforced by a dynamic policy framework, strong financial incentives, a growing digital infrastructure, improved trade facilitation, and a determined push to secure deeper market access through next generation trade agreements.
The Foreign Trade Policy (FTP) 2023, designed as a flexible and evolving framework to adapt to global shifts, has emerged as a key enabler of the country’s export momentum. FTP is further reinforced by targeted export promotion schemes that collectively enhance India’s competitiveness in global markets.
Moreover, the RoDTEP scheme plays a central role by neutralizing embedded taxes on exports and enabling Indian goods to remain competitive worldwide. The recently launched Export Promotion Mission (EPM) 2 further reinforces this effort through two targeted pillars: expanding access to affordable trade finance and upgrading quality, logistics, branding, and market readiness across the export value chain.
Furthermore, the government has approved the EPM with a budgetary outlay of Rs 25,060 crores (FY 2025–26 to FY 2030–31). It operates through Niryat Protsahan (focusing on trade finance and credit enhancement) and Niryat Disha (focusing on export logistics, warehousing, and market access), specifically targeting MSME competitiveness.
Also, the government has recently notified a time-limited “RELIEF” scheme, an intervention under the Export Promotion Mission, to be implemented through the Export Credit Guarantee Corporation of India (ECGC), is operationalised to address elevated export risks arising from geopolitical disruptions in the Gulf and West Asia maritime corridor.
