(MENAFN- KNN India) New Delhi, Oct 8 (KNN) India's exports have recorded a growth of 4–5 percent in the first six months of 2025-26, Commerce and Industry Minister Piyush Goyal said during his visit to Qatar.

"India is an emerging economic power in the world. Despite global turmoil, Indian exports have risen by 4-5 per cent in the first six months of this year. This indicates that India is emerging as a leader," Goyal told ANI.

He said, "If any country wants to enter into a free trade agreement with us, we are always ready. But I believe that any form of discrimination affects the self-confidence and self-respect of India's 1.4 billion citizens. Keeping that in mind, we will neither bow down nor ever appear weak. Together, we will continue moving forward and capture new markets. I can confidently say that this year our exports will surpass last year's."

According to the Ministry of Commerce & Industry, India's total exports in FY2024-25 reached an all-time high of USD 824.9 billion, a 6.01 percent increase over USD 778.1 billion in FY2023-24, surpassing the government's initial projection of USD 800 billion.

Merchandise exports for April–July 2025 stood at USD 149.20 billion, up 3.07 percent from USD 144.76 billion in the same period last year, while cumulative exports of goods and services reached USD 277.63 billion, a 5.23 percent increase year-on-year.

July 2025 exports alone totaled USD 68.25 billion, up from USD 65.31 billion in July 2024.

The government has set an ambitious export target of USD 1 trillion for FY2025-26.

The World Bank's latest South Asia Development Update highlighted India's economic resilience and projected the country to remain the fastest-growing major economy, driven by strong consumption, improved agricultural output, and rising rural wages.

(KNN Bureau)

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