India achieved its highest-ever annual export performance in FY26, with total outbound shipments of goods and services crossing the $860 billion mark despite continued uncertainty in the global economy and trade markets, as per the PTI report.
Revised data released by the commerce ministry showed that India’s combined exports increased to $863.11 billion during 2025-26 from $825.26 billion in the previous financial year.
The growth reflects stable performance in merchandise exports along with strong expansion in the services segment.
Merchandise exports during FY26 stood at $441.78 billion, slightly higher than the $437.70 billion recorded a year earlier.
Although global trade conditions remained challenging because of slowing demand and geopolitical disruptions, India’s goods exports continued to maintain a positive trajectory.
The biggest contribution to export growth came from the services sector, which continued to witness strong international demand.
Services exports climbed to a record $421.32 billion in FY26 compared to $387.55 billion in FY25, reflecting growth of nearly 9%.
As per officials, the rise was supported by increasing demand for Indian IT services, consulting, business support solutions, and professional services across international markets.
India’s services sector has increasingly become a major contributor to external trade earnings, supported by digital transformation trends and rising outsourcing requirements globally.
Technology-led services, global capability centres, and specialised professional solutions continue to strengthen the country’s position in international services trade.
The export growth comes despite persistent pressure on global trade from inflation, geopolitical tensions, supply chain disruptions, and slower economic growth across several major economies.
Officials indicated that India’s ability to maintain export growth amid such conditions reflects the resilience of both manufacturing and services sectors.
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India’s record export performance in FY26 highlights the growing role of services exports in supporting overall trade growth while merchandise exports continued to remain stable despite global economic challenges.
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Published on: May 7, 2026, 10:27 AM IST
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