India Achieves Record $863 Billion in Total Exports for FY26
India's total exports hit record $863 billion in FY26, services surge 8.7%
The Economic Times
Image: The Economic Times
India's total exports reached a record $863.1 billion in the fiscal year 2025-26, driven by a 8.7% increase in services exports, which totaled $421.3 billion. This growth reflects strong global demand for services and a steady performance in merchandise exports despite global challenges.
- 01Total exports hit a record $863.1 billion in FY26.
- 02Services exports surged 8.7% to $421.3 billion.
- 03Merchandise exports grew 0.93% to $441.78 billion.
- 04Each quarter of FY26 recorded peak export performance.
- 05The growth indicates a shift toward a more service-driven export economy.
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In the fiscal year 2025-26, India's total exports reached a record $863.1 billion, marking a 4.6% increase from $825.26 billion in FY25. This growth was largely driven by services exports, which rose 8.7% from $387.55 billion to $421.3 billion, surpassing earlier estimates. Merchandise exports also showed resilience, increasing 0.93% to $441.78 billion. The consistent performance across all quarters of FY26 highlights the strength of India's export sector, even amid global economic challenges. The official noted that this trend indicates a structural shift toward a more service-oriented export economy while maintaining stability in goods trade.
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The record export figures indicate a robust economy, potentially leading to job creation in export-oriented sectors and improved economic stability.
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