The country’s overall goods and services exports are expected to reach $1 trillion during 2025-26, according to apex exporters’ body FIEO.
In 2024-25, the exports were aggregated at $825 billion.
Federation of Indian Export Organisations (FIEO) President said merchandise exports will increase from $437 billion to $525-535 billion in 2025-26.
He said that services exports may rise from $387 billion to $465-475 billion this fiscal.
The main sectors which can help push the exports include electrical and electronics ($60 billion), machinery ($40 billion), chemicals ($40 billion), pharmaceuticals ($30 billion), petroleum ($70 billion), apparel and madeups ($23-25 billion), gems and jewellery ($30-35 billion) and agriculture ($55 billion).
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