India’s Export Sector
Begins FY 2025–26 on a Strong Note: FIEO President, Mr S C Ralhan
India’s trade performance in April 2025 signals a promising start to the fiscal year, reflecting the resilience, adaptability, and global competitiveness of Indian exporters, said Mr S C Ralhan, President, Federation of Indian Export Organisations (FIEO).
Merchandise exports stood at USD 38.49 billion, a growth of 9.03% over April
2024, while overall exports (merchandise + services) rose to USD 73.80 billion,
reflecting a healthy increase of 12.71% year-on-year. Imports also
grew—merchandise imports reaching USD 64.91 billion and overall imports
touching USD 82.45 billion, driven by energy demand and a rebound in domestic
manufacturing.
“The growth underscores the robust fundamentals of Indian exports despite
global headwinds, including geopolitical tensions, inflationary trends, and
supply chain disruptions,” said Mr Ralhan. “Exporters have responded with
agility and innovation, supported by rising demand across key sectors.”
Leading the export growth were
Engineering Goods, Petroleum Products, Electronic Goods, Gems & Jewellery,
Pharmaceuticals, Chemicals, Ready-made Garments, Rice, Cotton Textiles,
Handloom Products, and Plastics—sectors that continue to drive India’s
value-added export strength.
On the import side, petroleum, electronic and capital goods, gold, coal,
chemicals, and transport equipment dominated. “The increase in imports,
particularly of capital goods and energy inputs, reflects improving domestic
demand and capacity expansion,” noted the FIEO Chief.
Mr Ralhan emphasized that sustaining this momentum will require continued
support through stable policy, enhanced trade facilitation, improved logistics,
and timely conclusion of FTAs, especially with the UK, US, EU, Oman, and GCC
countries.
He added, “Access to affordable credit, particularly for MSMEs, along with
timely disbursal of incentives like Interest Equalisation, RoDTEP, and other
export benefits, will be vital to maintaining export competitiveness and
achieving ambitious growth targets.”
FIEO remains confident that with proactive policy interventions and sustained
global engagement, India’s export sector will continue its upward trajectory in
the months ahead.