CALCULATE YOUR SIP RETURNS

India’s Exports Reach Historic High of $825 Billion in FY2024-25

Written by: Team Angel OneUpdated on: May 2, 2025, 2:36 PM IST
India's exports of goods and services surged to an all-time high of $824.9 billion in FY 2024-25, driven by strong growth in services exports.
India’s Exports Reach Historic High of $825 Billion in FY2024-25
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

India’s exports of goods and services reached an unprecedented $824.9 billion in the fiscal year 2024-25, according to data released by the Commerce Ministry. 

This milestone was primarily driven by a significant rise in services exports, even as global trade faced challenges. The revised figures follow the Reserve Bank of India’s (RBI) release of the March 2025 services exports data.

Record-Breaking Growth in Services Sector

The data reveals that India’s services exports soared to a record $387.5 billion in 2024-25 showing a robust 13.6 per cent increase from $341.1 billion in the previous fiscal year. In March 2025 alone, services exports rose sharply by 18.6 per cent, reaching $35.6 billion compared to $30 billion in March 2024.

Sectors contributing to this exceptional growth included telecommunication, computer and information services; transport; travel; and financial services. This surge helped lift the country’s overall export figures from $778.13 billion in 2023-24 to $824.9 billion in 2024-25, marking a 6.01 per cent year-on-year increase.

Mixed Outlook Despite Strong Performance

Commenting on the export performance, Federation of Indian Export Organisations (FIEO) President SC Ralhan said, “The data shows the resilience of exporters.” However, he also highlighted some concerns regarding future prospects. “As of today, the inflow of orders is not good from the US and Europe. The US importers are waiting for the trade agreement and this can affect our exports,” he said.

Ralhan further noted that interest rates in the country remain high, impacting competitiveness in global markets. He added, “We need a minimum 5 per cent subvention.”

Read More: India’s Diamond, Gold and Silver Jewellery Exports Decline in FY25

Conclusion

India’s exports have touched a historic milestone in 2024-25, with the services sector playing a key role in driving growth. While the figures reflect resilience and robust performance, challenges remain in sustaining this momentum amid uncertain global trade dynamics.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 2, 2025, 2:36 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers