
India's total exports between April and January in the current financial year (2025-26) have touched the historic figure of $ 720.76 billion. According to a PIB report, this figure was $ 679.02 billion in the same period last year, which directly means that Indian trade has registered a solid and impressive growth of 6.15 percent. When we talk about exports, we often think of goods going in ports and big ships, but the real strength of India is its services also. India has now become a 'global hub' in the field of IT, business and professional services. This is the reason why between April and January, exports of the service sector increased by 10.57 percent to reach $354.13 billion.
Earlier in 2024-25 also, services exports had touched an all-time high of $387.5 billion, giving the country a huge trade surplus of $188.8 billion. If seen from the perspective of an ordinary Indian, this uninterrupted success of the service sector has a direct impact on the better employment provided to lakhs of youth of the country and the international respect given to their skills.
New era of self-reliance from defense to electronics
The country has also made all-round development on the merchandise front. Today, smartphones and electronics devices made in India are rapidly reaching different corners of the world. Along with this, medicines, engineering goods, petroleum products, clothing and automobile sectors have also contributed significantly to this spectacular growth. The most attention-grabbing thing is about the defense sector. India's defense exports reached a record level of Rs 23,622 crore in 2024-25. This is a clear indication that India is no longer just an arms importer, but is also becoming a major exporter of arms through 'high-value manufacturing'. This not only increases the foreign exchange reserves, but also creates countless new employment opportunities in the industrial system.
Our access to 70% of the global economy
A major reason for India's economic strength is that the country has not limited itself to only a few markets or a few products. According to the Trade Diversity Index of the United Nations Trade Organization (UNCTAD), India is among the top five economies of the 'Global South' in terms of diversity of products. At the same time, we have also made it to the top three in diversity of trading partners. Within the last three years, India has signed nine important Free Trade Agreements (FTAs) with 38 countries. On the basis of these strategic agreements, today India has reached 70 percent of the world's GDP.
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