New Delhi, Jan. 1 -- India's total exports of goods and services are projected to surpass USD 814 billion in 2024, marking a 5.58 percent increase from USD 768.5 billion in 2023, according to a recent report by the Global Trade Research Initiative (GTRI).

This growth trajectory reflects significant structural changes in India's export composition, with technology sectors gaining prominence while traditional industries show declining shares.

The services sector emerges as the primary growth driver, with exports expected to reach USD 372.3 billion in 2024, representing a robust 10.31 percent increase from the previous year's USD 337.5 billion.

Merchandise exports, however, show more modest growth, projected to reach USD 441.5 billion, up...