India's exports set to hit record $860 bn in FY26
New Delhi, Feb. 17 -- India is set to post a record $860 billion overall exports led by services in the current fiscal year, commerce secretary Rajesh Agrawal said - a number that highlights the country's resilience in battling global headwinds.
The secretary cited latest data that showed 6.15% annualised growth in cumulative exports to $720.76 billion in the first 10 months of 2025-26, with around 2.2% year-on-year growth in merchandise exports. Indian merchandise exports have faced a 50% tariff since August in the US. The two countries arrived at an agreement earlier this month to reduce the same to 18%. P12...
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