New Delhi, Feb. 14 -- India's merchandise exports are projected to reach $124.8 billion in the fiscal fourth quarter (Q4FY25), marking a 3.64% year-on-year increase, according to estimates from the Export-Import Bank of India. Non-oil exports are expected to climb 11.34% to $109.3 billion during the period, while non-oil and non-gems and jewellery exports are forecast to rise 10.1% to $98.5 billion.

The positive momentum is likely to extend into the first quarter (April-June) of the next financial year, though trade policy uncertainty, geopolitical tensions, and global economic fragmentation pose risks.

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For the full fiscal year, t...