It has led to zero-duty market access to nearly 70% of global GDP.
- Cumulative exports reached USD 720.76 billion in Apr-Jan 2025-26 (+6.15% YoY)
Sector-wise Performance
- Electronic Goods: India's third-largest export category, India is now world’s second-largest mobile phone manufacturer
- Petroleum Products: The seventh-largest global exporter of refined petroleum.
- Pharmaceuticals: Consolidating its Pharmacy of the World status, ranks 3rd largest pharmaceutical producer by volume and the 11th largest by value.
- Automobiles & Textiles: The automobile sector provides direct and indirect employment to over 30 million people while textiles maintain the 6th largest global export share.
- Defence: Expanding to over 100 nations, achieved defence exports of ₹23,622 crore in FY25.
Institutional Support Mechanism
- Export Promotion Mission (EPM): Backed by a ₹25,060 crore outlay (FY26-FY31), this mission especially empowers MSMEs and first-time exporters via Niryat Protsahan and Niryat Disha.
- Logistics & Warehousing initiatives like FLOW and LIFT subsidize overseas warehousing and offset freight disadvantages in low-export districts.
- The TRACE initiative reimburses costs for international testing, inspection, and certification requirements.
Government Schemes & Initiatives
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