India’s goods, services exports may cross $900 billion this year: Piyush Goyal-OxBig News Network

India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal speaks at the Swissmem Industry Day in Bern, Switzerland, Tuesday, June 10, 2025.
| Photo Credit: AP

India’s goods and services exports during 2025-26 are expected to cross $900 billion despite the global economic uncertainties, Commerce and Industry Minister Piyush Goyal has said.

Despite uncertainties due to the Russia-Ukraine conflict, Israel-Hamas war and the Red Sea crisis, the country’s overall exports touched an all-time high of $825 billion in 2024-25 against $778 billion in 2023-24.

“We have crossed $825 billion exports last year, we are surely to cross $900 billion this year in all this global turmoil,” he has said here while addressing the Indian business delegation last night.

The Minister is in Stockholm on an official visit to meet his Swedish counterpart and companies for promoting trade and investments between the two countries.

Apex exporters’ body FIEO has projected that the country’s overall goods and services exports are expected to grow by over 21% year-on-year to $1 trillion during 2025-26.