New Delhi, March 18 -- India's merchandise exports in February fell by about 11% to $36.91 billion compared to $41.41 billion in the same month last year, but the services sector and non-petroleum merchandise saved the overall (goods and services combined) monthly exports from sinking into the red with 3.2% year-on-year growth at $71.95 billion this month.
While India's merchandise exports contracted for the fourth consecutive month in February 2025, its services export in the month jumped by 23.64% to $35.03 billion as against $28.33 billion in February 2024, according to the latest government data. The services trade data for the month of February 2025 is, however, an estimation as a final figure is released by the Reserve Bank of India ...