New Delhi, May 27 -- Indian businesses are aiming exports to the tune of USD 1 trillion in the current financial year 2025-26 with merchandise exports of USD 525-535 billion and services exports of USD 465 -475 billion, RC Ralhan, President of Federation of Indian Export Organisations said.

The FIEO President said they are eyeing 12 per cent and 20 per cent growth in merchandise and services exports during the fiscal year, respectively.

India's total exports have touched an all-time high of USD 824.9 billion in the financial year 2024-25. This marks a yearly growth of 6.01 per cent over USD 778.1 billion exports in 2023-24, setting a new milestone.

The 2024-25 exports exceeded the initial anticipation of USD 800 billion.

In 2024-25, s...