New Delhi, Feb. 15 -- The Export-Import Bank of India has released its latest quarterly forecast, projecting the nation's total merchandise exports to reach USD 124.8 billion in the fourth quarter of Financial Year 2025, representing a 3.64 percent year-on-year growth.

This forecast encompasses the January-March period and signals continued resilience in India's export sector.

In a detailed breakdown of the projections, India Exim Bank anticipates particularly strong performance in non-oil exports, which are expected to reach USD 109.3 billion, marking a substantial 11.34 percent growth.

The outlook appears equally promising for non-oil and non-gems and jewellery exports, with forecasts indicating a value of USD 98.5 billion, translati...