India's Export Growth In Apriljan 2025-26 Reflects Industry Strength: FIEO

(MENAFN- KNN India) New Delhi, Feb 17 (KNN) The Federation of Indian Export Organisations (FIEO) has hailed the growth in India's exports during April–January period of 2025–26, describing it as a sign of resilience amid global uncertainties.

India's total merchandise and services exports stood at USD 720.76 billion in April-January period of 2025-26 as compared to USD 679.02 billion in the corresponding period of the previous year.

S C Ralhan, President of FIEO, stated,“The 6.15 per cent growth in overall exports during April-January 2025-26 is a positive and reassuring indicator of the inherent strength and competitiveness of Indian industry.”

He noted that the recently concluded free trade agreements with the European Union and the United States could mark a significant shift in India's trade landscape by offering better market access and tariff advantages.

He said sectors such as engineering goods, pharmaceuticals, textiles and garments, leather, gems and jewellery, agriculture and marine products are expected to benefit from the new agreements.

The steady performance of engineering goods, electronics, pharmaceuticals and agricultural products also points to diversification in India's export basket.

Ralhan said,“The increase in imports, particularly of petroleum, electronic goods, machinery and industrial raw materials, reflects robust domestic demand and ongoing capacity expansion across sectors.”

He added that despite the January deficit, the overall trade position remains manageable given steady export growth and stable economic fundamentals.

FIEO expressed confidence that sustained policy support and improved market access under the new trade agreements will help maintain export momentum in the coming months.

(KNN Bureau)

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