Hyderabad, March 17 -- Federation of Indian Export Organisations (FIEO) President Ashwani Kumar on Monday called for a Targeted Initiative to Boost Exports amid a decline in merchandise exports
Merchandise exports in February 2025 fell by 11 percent year-on-year, totalling USD 36.91 billion compared to USD 41.41 billion in the same month last year.
In a statement, Kumar while referring to this decline, emphasized that the dip is primarily due to subdued global demand and ongoing challenges faced by key export sectors including the impact of the global tariff war.
However, at the same time, imports saw a more significant drop, falling to USD 50.96 billion from USD 60.92 billion in February 2024, a sharp 16 percent decrease, he said .
Kum...