Hyderabad, June 16 -- Despite global economic headwinds, India's overall exports - merchandise and services combined - demonstrated resilience, registering a 2.8 percent growth in May 2025, Federation of Indian Export Organisations (FIEO) President S C Ralhan said here today.
The total exports reached USD 71.12 billion, up from USD 69.20 billion in May 2024, Ralhan said in a statement.
This uptick was primarily driven by continued strength in services exports, particularly in software, consultancy, and financial services, he said.
Ralhan highlighted that the latest trade figures reflect the robust performance of India's services sector, which continues to act as a buffer against the challenges of muted global demand, geopolitical tension...