Commerce and Industry Minister Piyush Goyal said that India’s goods and services exports during 2025-26 are expected to cross $900 billion. These anticipatory figures by Minister Piyush Goyal came at the time when India’s goods and services exports sector is facing uncertainties due to the Russia-Ukraine conflict, Israel-Hamas war and the Red Sea crisis.
However, this anticipatory figure is backed by all-time high figures of the country’s overall exports that touched $825 billion in 2024-25 against $778 billion in 2023-24. Goyal, while talking to the Indian trade delegation, said that we crossed the figure of $ 825 billion in exports last financial year. 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.
Commerce and Industry Minister Piyush Goyal is on an official visit to meet his Swedish counterpart and companies for promoting trade and investments between the two countries.