India Export Growth: Despite the tariffs imposed by America on India, there is a surge in Indian exports. The Commerce Ministry has informed the Parliamentary Committee that India’s outbound shipments between April and October are showing growth as compared to the same period last year.

Which simply means that India has shown strength in export matters. Due to which positive signals are being given regarding the strategies of the Central Government. Continuous talks are going on between India and America regarding the tariff issue. However, till now no results have emerged even after several rounds of official meetings. Positive results are expected from both the countries…

boom in exports

Commerce Secretary Rajesh Aggarwal said during the meeting of the Parliamentary Standing Committee that the tariffs imposed by America have not seen any major negative impact on India’s exports. During the meeting, the Ministry has expressed confidence that the country is fully capable of maintaining growth in exports due to domestic products and strong supply chain.

The meeting was chaired by TMC MP Dola Sen. During this, questions were also raised from many members. He asked, despite being India’s partner country, what is the reason behind America imposing tariffs?

Concerns expressed regarding these sectors

During the meeting, complaints also came from other industry boards including coffee, tea and silk. Members said that these sectors are not getting proper opportunities in the global market and at the same time exporters are facing pressure due to increased prices due to American tariffs. The members also expressed their views on the strength of the dollar and the falling rupee.

The members also drew the committee’s attention to the problems being faced in import and export due to changes in the value of rupee. On all these complaints, the Ministry said that all questions and complaints will be answered within two weeks. The next meeting of the committee will be on 16 December.

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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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