By Admin 
India’s Goods and Services Export: Fio, the top body of exporters, said that the country’s total goods and service exports are expected to reach $ 1,000 billion during the current financial year 2025-26. The total exports in the previous financial year 2024-25 were $ 824.9 billion. Fio (Federation of Indian Export Organization) President S.K. C. Ralhan says that international buyers are focusing on diversity in their procurement source in view of global economic uncertainties. This is expected to increase a good increase in exports.
This year there is a huge increase in exports
He said that along with this, the free trade agreements being made with various countries of India will also help in increasing the country’s exports. In the financial year 2025-26, the export exports are estimated at 12 percent to 525 to 535 billion dollars, which was $ 437 billion in 2024–25. In the current financial year, service exports are estimated to increase from 465 to 475 billion to $ 475 billion, which was $ 387 billion in the last financial year.
S. C. Ralhan said that there is a significant increase in exports in all major areas in this financial year. Electronics, engineering fields, chemicals, textiles and costumes, pharma and even agriculture are expected to increase well. Petroleum and gem and jewelery exports will also be in positive scope in the coming year.
Export will increase in these sectors
The main areas helping to promote export include electrical and electronics ($ 60 billion), machinery ($ 40 billion), chemicals ($ 30 billion), drug ($ 30 billion), petroleum ($ 70 billion), apparel and napkins, apron and other clothes (23 to 25 billion dollars), gems and jewelery ($ 30 billion) and agriculture ($ 55 billion).
Red Sea started exporting through the way
Fio said that Indian export consignments are gradually passing through the Lal Sea Marg. Due to regional tension, these routes were interrupted for months. Now gradually there is movement of goods from this path, which is a sign of improvement in exports. Last year, an important vessel transport route connecting the Red Sea and the Mediterranean Sea to the Indian Ocean, the situation around Bab-al-Mandeb Strait, deteriorated due to the attacks of Yemen’s Huki terrorists.
Due to the attacks, the vessels were carrying goods through the Cape of Good Hope associated with the African continent. As a result, there was a delay of about 14 to 20 days and freight and insurance costs were increasing. Fio Director General Ajay Sahai said, “The export of goods is gradually starting from this important sea route. This will reduce the time taken in transport.
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